Stock market today: Dow, S&P 500, Nasdaq futures rise, sparking hopes of rebound from November losses

Dow Jones Industrial Average futures (YM=F) added astir 0.3%, portion S&P 500 futures (ES=F) precocious 0.6%. Contracts connected the tech-heavy Nasdaq 100 (NQ=F) climbed 0.9% arsenic Wall Street stocks geared up for a bid to widen Friday's bounce.

Spirits are upbeat aft Federal Reserve Bank of New York president John Williams suggested that a December complaint chopped remains a possibility. Even so, large indexes person suffered notable losses successful November arsenic investors reassess lofty valuations crossed AI-aligned stocks.

The S&P 500 dropped 2% past week, widening its month-to-date diminution to astir 3.5%. The Nasdaq Composite slid 2.7% and is present down implicit 6% successful November. The Dow fell astir 2% implicit the week and is disconnected astir 3% for the month.

While inactive moving done the interaction of the longest authorities shutdown successful US history, information releases are opening to trickle backmost into circulation, though a instrumentality to the afloat economical calendar is inactive a ways off.

This week, traders are eyeing information connected shaper prices from the Bureau of Labor Statistics and the Census Bureau's retail income data, some from September. Both reports are owed retired Tuesday.

Earnings play is winding down with a week of comparatively muted releases. Alibaba Holdings (BABA), Dell Technologies (DELL), and a smattering of retailers, including Kohl's (KSS) and Best Buy (BBY) are the highlights of the holiday-shortened week. US markets volition beryllium closed Thursday for the Thanksgiving vacation and volition unopen aboriginal astatine 1 p.m. ET connected Friday.

President Trump's tariffs besides stay successful the backmost of mind, with the Supreme Court acceptable to contented a ruling connected whether the bulk of them were imposed legally. The Commerce Department and the Office of the US Trade Representative are reportedly preparing a roadmap if the ruling goes against the administration.

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