Stock futures flat in quiet end-of-year trading

Staff Writer
Columbus CEO

NEW YORK (AP) — U.S. markets were looking at a quiet start to the last week of 2013, with stock futures little changed with 45 minutes before the opening bell.

KEEPING SCORE: The Dow Jones industrial average futures were up 5 points to 16,426 as of 8:45 a.m. Eastern. The Standard & Poor's 500 index futures rose less than a point to 1,836.70 and the Nasdaq futures were down 3.25 points to 3,567.00.

END OF THE YEAR: Both the New York Stock Exchange and the Nasdaq Stock Market will be closed Wednesday for New Year's Day. Trading is expected to be volatile as investors use the next two trading days to close out their positions for 2013.

JAPAN CLOSES OUT HISTORIC YEAR: Japan's Nikkei stock index closed higher for a ninth straight day Monday. The index ended 2013 up 57 percent, its best year in decades.

TWITTER SELLOFF CONTINUES: Twitter was down 5 percent in premarket trading. The social media company fell 13 percent Friday after Wall Street analysts said the recent run-up in Twitter's stock had been overdone.

CROCS JUMPS: Shoemaker Crocs was up 13 percent in premarket trading after the company announced it was getting a $200 million investment from private equity firm Blackstone and its CEO was retiring.