Investors could take a breather Monday after driving the Dow to a new record high last week.
With no major corporate results or economic reports on the schedule, and the Treasury market closed for the Veterans Day holiday, stock market trading could be subdued.
U.S. stock futures were little changed, pointing to a flat open.
U.S. stocks finished higher Friday on the back of a strong monthly jobs report as investors chose to focus on the positive, rather than fret about whether a string of good economic data will prompt the Federal Reserve to start curtailing its stimulus program.
Stocks have surged this year thanks to a slowly recovering economy and continued attention by the Fed Reserve. But there are worries about how long the big market run up will last.
This week, investors will be watching for clues about the coming taper when Janet Yellen testifies Thursday at her confirmation hearing on Capitol Hill.
European markets posted very narrow gains in morning trading.
Asian markets were mixed as Typhoon Haiyan swept through the region. Australia’s All Ordinaries Index closed down 0.3%, while Japan’s Nikkei rose 1.3% and Hong Kong’s Hang Seng gained 1.4%.
Online sales on China’s ‘Cyber Monday’ smashed last year’s record by early afternoon.
