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US Markets Are In The Red

Sam RoJan 2, 2014, 20:28 IST

REUTERS/Carlo AllegriThe U.S. flag is reflected in the window of a police car as a police man stands guard in Times Square ahead of New Year's Eve celebrations in New York, December 31, 2013.After closing 2013 at an all-time high, U.S. stock markets are kicking off 2014 in the red.

The Dow is down 73 points (0.4%). The S&P 500 is down 9 points (0.5%). The Nasdaq is down 33 points (0.8%).

Wall Street's strategists expect 2014 to be another up year for stocks.

However, many expect to see a correction of around 10% before the year's over.