Stocks: 3 things to know before the open

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Have stocks lost their holiday fizz?

U.S. markets are poised for a dip Monday as investors pause after a recent record-breaking run. The Dow is set to open below 18,000 after it hit the milestone for the first time ever last week.

Here are the three things you need to know before the opening bell rings in New York:

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1. Futures lose their fizz: U.S. stock futures are moving down, indicating a lackluster start to the trading session.

This follows gains across major U.S markets on Friday. The S&P 500 rose 0.3% to close at a fresh record. The Nasdaq jumped by 0.7% and the Dow Jones industrial average inched up 0.1%.

There are no major economic releases slated for Monday.

2. Greece to hold snap elections: Investors are feeling wary about another political and economic fallout in Greece.

Greece will hold snap elections, likely on January 25, after parliament failed to choose a new president on Monday.

The main Greek stock market index plunged by as much as 11% and the yield on Greek 10-year government bonds jumped to 9.3% after the voting results came out.

Opinion polls indicate the popular anti-austerity party -- Syriza -- could win the most voter support at the upcoming elections, which could derail Greece's fragile economic recovery.

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3. International markets: Nearly all European markets are declining in afternoon trading. Greece put a damper on the overall market mood.

Asian markets closed with mixed results. Japan's Nikkei index finished with a 0.5% loss.

AirAsia shares dropped sharply in Malaysia as investors reacted to the disappearance of a passenger jet bound for Singapore with 162 people on board.

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