Traders work on the trading floor of the New York Stock Exchange (NYSE) on November 29, 2024 in New York City, the United States.
Brendan McDermid | Reuters
Stock futures were little changed Monday morning as investors looked ahead to the final month of trading of the year.
Futures linked to the Dow Jones Industrial Average It fell 99 points, or 0.22%. S&P 500 Index Futures and Nasdaq 100 Futures fell 0.23% and 0.21% respectively.
The moves follow consecutive weekly and month-long gains for stocks. Much of November’s trading was centered on the post-election rally following President-elect Donald Trump’s victory.
In fact, November is the best month of 2024 for the Dow Jones and S&P 500.
Small-cap stocks were also winners in November, as investors saw the stocks benefiting from Trump’s potential tax cuts. this Russell 2000 It soared by more than 10% that month, the largest monthly increase of the year.
Investors will focus on economic data on manufacturing and construction spending on Monday. A slew of closely watched labor data will be released later this week.
They will also focus on speeches by Fed Governor Christopher Waller and New York Fed President John Williams.
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