Stocks: Starting from a peak

  @CNNMoneyInvest April 1, 2013: 8:35 AM ET
sp 500 futures 830

Click on chart to track markets


Investors return Monday for what could be a quiet day of trading following the holiday weekend.

U.S. stock futures were flat ahead of the opening bell. Volume is expected to be light.

The Institute for Supply Management will release its monthly manufacturing index at 10 a.m. ET, and the Census Bureau will publish data on construction spending.

U.S. stocks wrapped up a stellar first quarter Thursday, with the S&P 500 finishing at a new high. U.S. markets were closed on Good Friday.

"We're coming off a great first quarter," said Art Hogan, managing director at Lazard Capital Markets, adding that "volume will most likely be light" on the Monday following Easter.

Thin trading could result in volatility, he said, even if there are no major news events.

Related: Fear & Greed Index gets greedy

In company news, Tesla Motors (TSLA) jumped 12% in premarket trading after the electric car maker said it expects to achieve its first-ever quarterly profit based on strong sales of its all-electric Model S.

Time is running out at JCPenney

China released data Monday that indicated an acceleration in manufacturing activity. Separately, Beijing and Shanghai announced new measures designed to cool housing prices.

The Nikkei dropped 2.1% while the Shanghai Composite declined 0.1%.

Markets in London, Frankfurt, Paris and Hong Kong were closed Monday for an extended Easter holiday.

"We come into a day where we're the only game in town," said Hogan. To top of page

Join the Conversation
Sponsored by
Index Last Change % Change
Dow 16,408.54 -16.31 -0.10%
Nasdaq 4,095.52 9.29 0.23%
S&P 500 1,864.85 2.54 0.14%
Treasuries 2.72 0.08 3.19%
Data as of 9:34pm ET
Company Price Change % Change
Bank of America Corp... 16.15 0.00 0.00%
Facebook Inc 58.94 0.00 0.00%
General Electric Co 26.56 0.00 0.00%
Cisco Systems Inc 23.21 0.00 0.00%
Micron Technology In... 23.91 0.00 0.00%
Data as of Apr 17
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.36%4.24%
15 yr fixed3.39%3.26%
5/1 ARM3.36%3.27%
30 yr refi4.34%4.22%
15 yr refi3.38%3.24%
View rates in your area
Find personalized rates:
Rate data provided
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.