US stocks are set to open mixed
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The major US stock indices are set open mixed as per the futures contracts.
- S&P index, -13 points
- Dow industrial average, -178 points
- NASDAQ index, +14 points
On Friday, the major indices soared (NASDAQ had its best day since March), and that took them higher on the week. Nevertheless the NASDAQ is down 12% in January and on pace for its worst month since October 2008.
The energy sector jumped in January and was the only positive sector this month the S&P. Consumer discretionary in real estate were the weakest sectors in January.