The S&P 500 index is down three straight days but up 17% for the year. Jobless claims are the only data on tap but today is a full trading session before tomorrow's holiday.

Stocks are mostly lower across the board in a relatively quiet trading session as investors await Fed Minutes from the December FOMC meeting.

In an otherwise slow holiday week, one highlight is Fed minutes due at
2 p.m. ET. Thin volume has made trends tough to track, and stocks fell Monday amid tech and metals weakness.

Stocks flattened and precious metals rebounded early ahead of this afternoon's Fed minutes, which could provide clues about the rate path. Geopolitical worries remain in focus.

Gold prices plummeted yesterday following all-time highs last week.

Fed minutes tomorrow highlight another holiday-shortened week where volume could be light. No major earnings or data are due, and trading is shortened Wednesday and shut Thursday.

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