S&P 500 futures are slightly lower after benchmark notches best month of the year: Live updates

S&P 500 futures are slightly lower Monday morning as investors looked toward the final month of trading this year.

S&P 500 futures shed less than 0.1%, while futures tied to the Dow Jones Industrial Average slipped 20 points. Nasdaq 100 futures added less than 0.1%.

Bitcoin, which traded near $99,000 on Friday, retreated to around $95,000 on Monday as investors were in a bit of a risk-off mood to start the month.

Those moves follow a winning week and month for stocks. Much of November trading was centered on a postelection rally after President-elect Donald Trump emerged as the winner.

November marked the best month of 2024 for both the Dow and S&P 500, with the two gaining 7.5% and 5.7% respectively. Both of the indexes also notched new all-time intraday and closing highs in Friday's shortened trading session. The Dow briefly traded above 45,000 for the first time ever in the session.

Small-cap stocks were also a winner in November as investors saw the group benefiting from Trump's potential tax cuts. The Russell 2000 surged more than 10% in the month, also notching its biggest monthly gain of the year.

Investors will watch on Monday for economic data on manufacturing and construction spending. That comes ahead of a series of closely watched labor data due later in the week.

They'll also monitor speeches expected from Federal Reserve Governor Christopher Waller and New York Fed President John Williams.

Stellantis sinks 9% as CEO departs

Stellantis shares tanked 9% before the bell after the automaker announced Sunday that its CEO Carlos Tavares has resigned.

The departure, effective immediately, comes as a result of "different views" between Tavares and the board of directors, the company said Sunday.

The Jeep maker established a new interim executive committee led by chairman John Elkan as it searches for its new CEO. Stellantis said it expects to finish the search during second half of 2025.

— Samantha Subin, Mike Wayland

Australia hits fresh closing high as most Asian markets rise

Asia-Pacific markets traded mostly higher on Monday as the region kickstarted a data-heavy week, led by Australian markets.

Australia's S&P/ASX 200 traded up 0.14%, ending at a record closing high of 8,447.9.

However, South Korea's markets were the outlier in the region, as the Kospi slipped marginally to 2,454.48, and the small-cap Kosdaq fell 0.35% to a 23-month low of 675.84.

Japan's benchmark Nikkei 225 was up 0.8% and closed at 38,513.02, while the broad-based Topix was 1.27% higher at 2,714.72.

Hong Kong's Hang Seng index gained 0.65% in its last hour of trade, while mainland China's CSI 300 was up 0.79% to close at 3,947.63.

— Lim Hui Jie

Europe stocks open slightly lower

European stocks opened lower Monday, with the Stoxx 600 index down 0.1% in early deals.

France's CAC 40 index fell 0.77% as investors monitored ongoing political volatility in the country. Germany's DAX was down 0.15% while the U.K.'s FTSE 100 was flat.

— Jenni Reid

Stocks come off winning week and month

The market is coming off a winning week and trading month, which both concluded with Friday's closing bell. For a refresher, here's how the three major indexes performed:

• The Dow gained 1.4% in the week, pushing its monthly gain up to 7.5%.
• The S&P 500 added 1.1% on the week, finishing November higher by 5.7%.
• The Nasdaq Composite rose 1.1% in the week, ending the month with a 6.2% advance.

Notably, both the Dow and S&P 500 notched their best monthly performances of 2024 in November.

— Alex Harring

Stock futures are little changed

Futures tied to the Dow, S&P 500 and Nasdaq 100 were all near flat shortly after 6 p.m. ET Sunday night.

— Alex Harring