The Club's top 10 things to watch in the stock market Monday
Stock futures fell early this morning as Wall Street kicks off another holiday-shortened trading week.
TL;DR
- Stock futures fell at the start of a holiday-shortened trading week.
- The S&P 500 achieved several record highs last week.
- Key economic data and Federal Open Market Committee meeting minutes are expected this week.
- Amazon has reportedly canceled its drone delivery service plans in Italy.
- SoftBank agreed to acquire data center investment firm DigitalBridge for $4 billion.
- Nvidia finalized its purchase of a $5 billion stake in Intel.
- Analysts provided positive outlooks on Nvidia's licensing deal with Groq, Boeing, and On Holding.
- JPMorgan cut its price target on KB Home, and Raymond James downgraded the stock.
- Bank of America CEO Brian Moynihan anticipates a de-escalation of Trump administration tariffs next year.