Features tied to the Dow Jones Industrial Average speed near about 47 points and 0.1%./The S & P 500 futures and the Nasdaq 100 futures ticked down 0.1% and 0.2% respectively.
These moves followed the winning week and months for the stocks .That is the munch of November trading that was centered on the post election rally right after the President elect Donald Trump emerged as the winner. In the month of November trading was centered on the post election rally right after the president elect Donald Trump emerged as the winner.
Indeed, according to the Dow and the S&P 500, November is the strongest month of 2024.During Friday’s abbreviated trading session, both indexes also set new intraday and closing highs.
Due to investors’ perception that small-cap companies would profit from Trump’s possible tax cuts, small-cap stocks also witnessed success in November. The Russell 2000 saw its largest monthly gain of the year, rising more than 10% throughout the month.
Monday’s economic data on building and manufacturing spending may be of interest to investors. Later in the week, a number of highly anticipated labor data points are due.
They will also keep an eye on the speeches that New York Fed President John Williams and Federal Reserve Governor Christopher Waller are anticipated to give.
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