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NEW YORK (CNNMoney)
U.S. stock futures were swinging between modest gains and losses ahead of the opening bell Monday, after a lackluster start to 2014. Stocks ended mixed last week and trading volume was anemic.
U.S. investors and traders will likely be cautious Monday as they await Friday's jobs report and other economic news later this week.
Coming up Wednesday will be the release of minutes from the Federal Reserve's December meeting, when it announced plans to trim its monthly bond purchases by $10 billion to $75 billion beginning this month.
Related: It's time for investors to get back to work
Later Monday, the U.S. Senate is expected to confirm Janet Yellen to serve as the next chair of the Federal Reserve, after Ben Bernanke's second term ends in January.
At 10 a.m. ET, the Census Bureau will release its monthly report on factory orders for November. At the same time, the Institute for Supply Management will publish its monthly report on the services sector for December.
Related: Fear & Greed Index
European markets were mixed in morning trading after the latest purchasing managers' survey showed the euro zone services sector lost some momentum in December.
Many Asian markets reopened after an extended holiday break Monday and pushed lower. Japan's Nikkei fell 2.4% over the course of the day, playing catch-up with other international markets that declined last week. Chinese stocks also dropped.
The latest report from HSBC on China's services sectors showed a slower rate of growth in December, adding to the downbeat tone.
Related: Senate set to confirm Yellen as Fed Chair
On Friday, the Dow rose slightly while the S&P 500 and Nasdaq finished lower again, adding to Thursday's 1% declines. 
First Published: January 6, 2014: 5:20 AM ET
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