NEW YORK (CNNMoney)
The Dow, S&P 500 and Nasdaq were all little changed in early trading. The muted trading came a day after the S&P 500 and Nasdaq logged their first gains of 2014 and the Dow's first triple-digit gain of the year.
CNNMoney's new Tech 30 index was slightly lower as well. But BlackBerry (BBRY) was once again surging. The stock is up more than 14% this year, making it the top performer in the index.
Investors and traders will be keen to see what the latest Fed minutes, due in the afternoon, show since they cover the meeting when the central bank decided to start cutting its massive economic stimulus program. Many Wall Street experts expect the stimulus program will be wrapped up by the end of 2014.
Meanwhile, investors were also on hold ahead of the December jobs report due on Friday. Data from payroll processor ADP (ADP, Fortune 500) showed that private sector hiring gained momentum in December, an encouraging sign ahead of the Labor Department's closely-watched report.
Related: Check out CNNMoney's new Tech 30 index
In corporate news, J.C. Penney (JCP, Fortune 500) shares plunged after the troubled retailer released a short and vague statement about its sales performance during the key holiday season. J.C. Penney said it was "pleased" with its sales, but failed to release specific figures. The lack of details caused concern among the retailer's investors, who have been betting on progress in the company's turnaround efforts.
Shares of Ford (F, Fortune 500) rose after the automaker said late Tuesday that CEO Alan Mulally is not leaving the company for Microsoft (MSFT, Fortune 500). Shares of Microsoft were lower.
Constellation Brands (STZ) surged after the wine, beer and spirits company reported strong earnings for its most recent quarter and boosted its outlook for the year.
Agrochemical giant Monsanto (MON, Fortune 500) shares were also higher following better-than-expected quarterly earnings and sales.
Revenue figures were disappointing from The Container Store (TCS), sending shares of the retailer sharply lower.
Micron Technology (MU, Fortune 500) shares surged following quarterly earnings that beat expectations.
Related: Marissa Mayer reveals Yahoo's big plans for 2014
On the international front, European markets slipped lower in afternoon trading. Most Asian markets closed the session with gains. The Nikkei in Japan jumped by nearly 2% and the Hang Seng in Hong Kong moved up by 1.3%. 
First Published: January 8, 2014: 9:47 AM ET
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