Stocks Pulling Back in Early 2014 but Posting Overall Gains for the Year




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Summary: As stocks hover around the break even mark in Friday's trading session with little news to trade on, Peter Cardillo, Chief Market Economist of Rockwell Global Capital says equities are due for a mild pullback. But that downdraft won't last, he says, and an uptick in treasury yields won't thwart ultimate gains for stocks either. Cardillo expects stocks, while not performing as impressively as 2013, will again be on an upswing in 2014. TheStreet's Jeanne Yurman reports from the New York Stock Exchange.