Here are 10 things you should know for Tuesday, Dec. 31:
1.-- Today is New Year's Eve, the last trading session and the last day of the calendar year 2013 -- but you knew that already. Tomorrow is New Year's Day, Wednesday, Jan. 1, a national holiday, and the markets will be closed.
2.-- In the economic calendar in the U.S. for Tuesday: The Case Schiller home prices index is due at 9 a.m.; the release of the Chicago Purchasing Managers Index survey results are scheduled for 9:45 a.m.; and the Consumer Confidence Index survey results are scheduled for 10 a.m.
3. -- U.S. stock futures are pointing to a flat open and trading is expected to be light.
4.-- U.S. stocks on Monday closed flat amid light trading, the penultimate session for what is expected to be the best year for stocks since 1997. The S&P 500 is up 29% on the year and many investment strategists another gain in 2014.
However, the S&P finished down 0.02% Monday at 1,841.07. The Dow Jones Industrial Average was up 0.16% to 16,504.29, boosted by Walt Disney (DIS) shares hit all-time highs. The Nasdaq dipped 0.06% to 4,154.20 as Apple (AAPL) shares slid.
5.-- Shares of Crocs (CROX), makers of trendy, casual footware, closed up over 21% Monday on news that Blackstone was taking a $200 million investment in the company. The deal gives Blackstone two seats on Crocs' board and preferred shares with a 6% dividend. The company also intends a buyback for common shareholders.