Looking for a reason to keep buying stocks

NEW YORK (CNNMoney)

The Dow, the S&P 500 and Nasdaq were all slightly lower in early morning trading.

With no major corporate results or economic reports on the schedule, and the Treasury market closed for the Veterans Day holiday, stock market trading could be subdued.

Stocks finished higher Friday on the back of a strong monthly jobs report. But investors have also begun to worry that the strong data could push the Federal Reserve to begin scaling back, or tapering, its stimulus program.

Stocks have surged this year thanks to a slowly recovering economy and continued bond buying from the Fed.

Both the Dow and S&P 500 are up more than 20% so far this year, while the tech-heavy Nasdaq is up nearly 30%. But there are concerns about how long the big market run up will last.

The Fed will remain in focus throughout the week. Investors will be watching for clues about future monetary policy when Janet Yellen, vice chair of the central bank, testifies Thursday at her confirmation hearing on Capitol Hill. She is President Obama's nominee to replace Ben Bernanke as chairman of the Fed.

Related: Fear & Greed Index still shows greed

What's moving: Amazon.com (AMZN, Fortune 500) shares were lower after the e-commerce giant announced a deal with the U.S. Postal Service to deliver seven days a week. The service will initially launch only in New York and Los Angeles, but is expected to expand to Dallas, Houston, New Orleans and Phoenix in 2014.

Transocean (RIG) gained ground after the company agreed with activist investor Carl Icahn to pay out a dividend of $3 per share.

Shares of Twitter (TWTR) continued to slide Monday. After a 73% pop in its first day of trading Thursday, Twitter fell 7% Friday and was down another 5% Monday. The stock dipped below $40 a share.

Related: Stocks: Good news fuels markets, but rally may not last

European markets posted narrow gains in afternoon trading. Asian markets were mixed as Typhoon Haiyan swept through the region.

Online sales on China's "Cyber Monday" smashed last year's record by early afternoon.

First Published: November 11, 2013: 9:46 AM ET

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