Adobe(US:ADBE) ZACKS·2025-12-01 17:16Market Overview - Pre-market futures indicate a decline after a strong trading session on Friday, with major indexes showing losses: Dow -207 points (-0.43%), S&P 500 -46 points (-0.67%), Nasdaq -239 points (-0.94%), and Russell 2000 -26 points (-1.06%) [1] Economic Indicators - The week is not characterized as a "Jobs Week" due to delays from a government shutdown, with private-sector payrolls from ADP expected on Wednesday, following a positive month in October (+42K) [2] - Final November S&P Manufacturing PMI and ISM Manufacturing results are anticipated, with S&P expected around the 50-level and ISM having not reached 50 since February, falling to 48.7% last month [6] Holiday Shopping Trends - Cyber Monday is projected to attract 73.9 million online shoppers, following Black Friday's 130.4 million and Small-Business Saturday's +67 million customers, indicating resilience in consumer spending despite economic concerns [3] - Adobe forecasts online shopping to reach $11.8 billion on Cyber Monday, a +9.1% increase from the previous year, while Mastercard reported Black Friday online sales up +10.4% [4] Upcoming Economic Reports - Delayed economic reports will be released this week, including September Imports & Exports on Wednesday and the Personal Consumption Expenditures (PCE) report on Friday [7] - Key earnings reports from retailers such as Macy's, Dollar Tree, Dollar General, and American Eagle are expected, along with quarterly earnings from CrowdStrike and Salesforce [8]