It was another unsettled day in the stock market. You might as well get used to it.
Stocks spent much of Tuesday flitting between slight losses and gains after a massive selloff a day earlier. In the end, the major averages closed little changed.
The S&P 500 rose 0.2%, the Dow Jones Industrial Average inched up 0.06% and the Nasdaq slipped 0.24%.
Some market pros expect that kind of undecided, unpredictable trading to continue all winter.
"We are calling for a fairly tumultuous first quarter given the newness of the rate hike and what the [Federal Reserve] does going forward," Paul Springmeyer, senior vice president at The Private Client Reserve of U.S. Bank, told TheStreet. "We've had enough moving levers of late that it's probably going to be a little bit rockier until things stabilize and we get into a more decided path for the remainder of the year."
U.S. stocks tanked on Monday, the first day of trading in 2016, as fears over China's economy and Middle East tensions spooked Wall Street. The Dow suffered its worst start to the year since 2008.
"The first week of trading in the New Year generally sets the tone of the direction of the market for the remainder of the year, and while we do expect a market correction, our greatest concerns remain geopolitical," Peter Cardillo, chief market economist at First Standard Financial, wrote in a note. "Anything that disrupts investors' confidence raises the risk of a very volatile market environment."