Market Performance - The S&P 500 Index closed down -0.35%, the Dow Jones Industrials Index down -0.51%, and the Nasdaq 100 Index down -0.46% on Monday [1] - Stock indexes were led lower by losses in megacap technology stocks, while a plunge in metals prices negatively impacted mining stocks [2] Economic Indicators - November pending home sales rose 3.3% month-over-month, exceeding expectations of 0.9% [3] - The December Dallas Fed manufacturing outlook unexpectedly fell -0.5 to -10.9, against expectations of an increase to -6.0 [3] Commodity Market - Silver and platinum prices fell sharply due to profit-taking after reaching record highs, with technical selling triggered by overbought conditions [4] - Crude oil prices increased by more than +2%, supported by geopolitical tensions and China's commitment to broaden fiscal spending to stimulate economic growth [5] Seasonal Trends - Historical data indicates that the S&P 500 has risen 75% of the time in the last two weeks of December, with an average increase of 1.3% [6] Upcoming Economic News - Market focus will be on upcoming US economic news, including the December MNI Chicago PMI and the minutes from the December FOMC meeting [7]