U.S. stocks opened little changed on Monday ahead of pending home sales data to kick off a holiday shortened week.

With a light economic calendar, trading volume is expected to remain thin, as the U.S. stock market will be closed on Wednesday for New Year's Day.

Investors are keeping an eye on pending home sales for November, which will be published later in the morning by the National Association of Realtors.

In corporate news, Twitter shares continued to dip in early trading, down 5.74 percent to trade at 60.09 U.S. dollars a share, after an analyst at Macquarie last Friday downgraded the social networking site's stock to underperform from neutral, citing a lack of change in fundamentals to justify its recent stock rally.

The three major stock indices rode a mild Christmas rally to finish last week on a positive note for a second week in a row, as the equity market continued to embrace the Federal Reserve's minor tapering of its asset purchases at its December policy meeting.

Shortly after the opening bell, the Dow Jones Industrial Average added 9.89 points, or 0.06 percent, to 16,488.30. The S&P 500 edged down 0.10 point, or 0.01 percent, to 1,841.30. The Nasdaq Composite Index lost 6.21 points, or 0.15 percent, to 4,150.38. Endi

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