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Stock futures are lower after Dow and S&P 500 notch best months of the year: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2024. 
Brendan McDermid | Reuters

Stock futures are slightly lower Monday morning as investors looked toward the final month of trading this year.

Futures tied to the Dow Jones Industrial Average slipped 59 points, or 0.13%. S&P 500 futures and Nasdaq 100 futures ticked down 0.18% and 0.17%, respectively.

Bitcoin, which traded near $99,000 on Friday, retreated to around $95,000 on Monday as investors were in 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.

Indeed, November marked the best month of 2024 for both the Dow and S&P 500. 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 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.

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

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