Dow, S&P 500, Nasdaq futures muted as rocky month draws to an end, CME restores trading

Market Overview - US stock futures showed muted movements as a holiday-shortened week concluded, with Dow Jones futures up 0.1%, S&P 500 futures up 0.2%, and Nasdaq 100 futures up 0.3% [1] - The CME Group restored operations after a significant outage that disrupted trading in various markets, including US Treasurys and crude oil, which lasted until 8:30 a.m. ET [2] Trading Sentiment - Stocks experienced a sharp rebound as traders increased bets on a potential interest rate cut by the Federal Reserve in December, with renewed confidence in AI driving tech stocks [3] - However, Wall Street indexes are facing a losing month, primarily due to a decline in megacap tech stocks as investors reassess the profitability of AI-driven businesses [4] Monthly Performance - By the end of November, both the Dow and S&P 500 were slightly lower, indicating an end to a six-month winning streak, while the Nasdaq was down 2%, poised to break a seven-month streak of gains [4] Future Predictions - Analysts are releasing stock market predictions for the upcoming year, with Deutsche Bank forecasting the S&P 500 to reach 8,000 by the end of 2026, while HSBC and JPMorgan expect it to hover around 7,500 [5]