US Markets Claw Back Gains, But “Chop” Ahead New York Stock Exchange 1_______ are wondering which way a volatile 2______ will move in the upcoming months. Low 3_______ combined with less 4______ around the world have weakened American 5______. By the 6______ of trading last week, the Standard and Poor's 500 was down more than 6 percent this year. But the S&P 500 Index 7_______ 2.8 percent on Friday to rebound from a New Year's 8______. On Monday, the S&P 500 was up 27 points to 9______ at 1945. The Dow Jones Average, the main 10______ of major American stocks, rose 228 points to close at 16620. Wall Street traders and analysts are looking at 11______ that would keep the market in the positive. But for now, Wall Street watchers expect extreme 12______. The term "choppy trade" is used often now on Wall Street. A choppy market occurs when prices 13______ with no major price movement in either direction. NYSE's Peter Costa said: "I think there is more volatility in these markets. What you may see is choppy trade with 200- to 300-point swings in the Dow, and 40 in the S&P 500 ... for at least the 14______." This week is an important one for the market. Financial reports on 15______ should be released by Target, Macy's, Home Depot and Lowe's. The 16______ report is set to be released Tuesday. American 17______ Wal-Mart recently reported earnings below 18______ and lowered its full-year sales guidance. Consumer spending is a key factor to watch as the fourth-quarter 19______ season comes to a close, said market analyst Lindsey Bell. Another sector traders will contend with this week includes a 20______ report Friday.