US stock futures (ES=F, NQ=F, YM=F) are falling in Monday's pre-market trading to kick off December. Meanwhile, the crypto sell-off continues as bitcoin (BTC-USD) falls back below $86,000 per token. President Trump announced that he has made his decision for who will become the next Federal Reserve chairman after Jerome Powell's term ends in May 2026. Black Friday may have come and gone, but there's still plenty of online deals to be found on Cyber Monday. Adobe Analytics predicts online spending to increase by 6.3% year-over-year from last year's Cyber Monday shopping. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.