Stock futures fall, Trump's Fed pick, Cyber Monday: 3 Things
Market Intelligence Analysis
AI-PoweredUS stock futures are falling in pre-market trading, while the crypto market also experiences a decline with bitcoin dropping below $86,000. President Trump's announcement of a potential new Federal Reserve chairman may impact market sentiment. Cyber Monday online spending is expected to increase by 6.3% year-over-year.
Market impact analysis based on bearish sentiment with 76% confidence.
Article Context
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.
Analysis and insights provided by AnalystMarkets AI.