Market Overview - U.S. stock futures increased on Monday following Friday's gains, with major benchmark indices showing positive movement [1] - Investor optimism is bolstered by New York Fed President John Williams' comments suggesting a potential rate cut in December [1][2] - The likelihood of the Federal Reserve cutting interest rates in December is estimated at 73.5% according to CME Group's FedWatch tool [2] Company Earnings and Performance - Dell Technologies Inc., HP Inc., Deere & Co., and Li Auto Inc. are among the companies expected to report earnings this week [1] - Pony AI Inc. rose 2.59% after announcing a partnership with Sunshine Mobility for an autonomous driving fleet [5] - WeRide Inc. saw a significant increase of 7.92% as its revenue grew 144.3% year-over-year to $24 million, with gross profit rising 1,123.9% to $7.9 million [5] - Alphabet Inc. gained 2.38% after surpassing Microsoft in market value, attributed to the launch of new products [5] Sector Performance - Communication services, health care, materials, consumer discretionary, and real estate sectors led the gains on Friday, with all sectors ending in positive territory [7] - The Nasdaq Composite, S&P 500, Dow Jones, and Russell 2000 indices all showed positive performance, with the Russell 2000 leading at 2.80% [8] Upcoming Economic Data - No economic data is scheduled for release on Monday, but several key reports are expected later in the week, including retail sales and PPI [15]
Stock Market Today: Dow Jones, S&P 500 Futures Rise As Fed Hints At Possibility Of December Cut — Pony AI, Alphabet, Zoom In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga·2025-11-24 10:34