On Wall Street today, the major averages closed lower again after a mixed bag of economic reports. Factory orders did climb higher in November, thanks to a surge in orders for aircraft, machinery, and computers. But growth in the bigger services sector of the economy moderated in December.
Here`s how the day ended in the markets: The Dow was off 44 points, the NASDAQ lower by 18, and the S&P 500 down a modest four points.
So with stocks starting the year with a stream of losses, some market pros will tell you to stick with dividend-yielding value stocks in 2014. Others will urge you to put your money in companies poised for growth.
But as Seema Mody reports, there may be middle ground for investors, so-called hybrid stocks.