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 little changed Sunday night as investors looked toward the final month of trading this year.
Futures tied to the Dow Jones Industrial Average slipped 45 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures ticked down 0.1% and 0.2%, respectively.
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.
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.