US stocks fell on Monday as investors waited for the November jobs report on Tuesday and a flurry of other economic data to help set expectations for interest rate cuts in 2026. The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) fell roughly 0.1%, while the tech-heavy Nasdaq Composite (^IXIC) shed 0.6%, after closing sharply lower Friday. Tech stocks extended their slide on Monday after concerns about overcooked AI expectations prompted investors to jump out of tech and into value stocks. T ...

Market Overview - U.S. stock futures are showing mixed to slightly positive movements as investors prepare for a pivotal week of economic data that could influence market direction and interest rate expectations [1] - Futures tied to the Dow Jones Industrial Average (DJIA) are up approximately 0.3%, S&P 500 (SPX) futures have edged up around 0.2%, and Nasdaq 100 (NDX) futures are showing a gain of about 0.4% [2] - The S&P 500 (SPX) declined by 0.6% and the Nasdaq Composite (IXIC) dropped 1.7% last week, while the DJIA managed to climb 1.1% [3] Upcoming Economic Data - Key economic data releases this week include November nonfarm payrolls, October retail sales data, and the unemployment rate, which will provide insights into the U.S. labor market and consumer spending [5] - November's Consumer Price Index (CPI) data and weekly jobless claims report will be released, with CPI data being closely scrutinized for signs of inflationary pressures [5][4] Corporate Developments - Oracle (ORCL) experienced a significant drop of approximately 12.7% despite reporting stronger-than-expected profits, raising concerns about the sustainability of the AI boom [6] - Broadcom (AVGO) fell around 7-11% last week, also despite strong earnings, indicating potential margin pressures from lower-margin custom AI chips [6] - Wipro (WIPRO) announced a 3-year strategic partnership with Microsoft and Google Cloud to enhance enterprise AI adoption [6] - Godawari Power & Ispat approved an investment of ₹1,625 crore to ramp up its battery energy storage manufacturing capacity from 10 GWh to 40 GWh [6][7] - KEC International secured new orders worth ₹1,150 crore in India, including a significant transmission line project [11] - Aurobindo Pharma received a Form 483 with three observations from the USFDA following an inspection of its API unit [11] - Continental was re-elected as Co-Chair of the Tire Industry Project until 2029, emphasizing its commitment to sustainability [11] - Sandvik announced a major underground mining equipment order valued at approximately SEK 260 million [11] - Fujitsu Limited earned the top rating from the Climate Disclosure Project's A List 2025 for climate change for the eighth consecutive year [11] - iRobot Corp. (IRBT) filed for bankruptcy after reaching a restructuring support agreement [11]

US stocks erased early gains on Monday as investors waited for an upcoming flurry of economic data to help set expectations for interest-rate cuts in 2026. The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) fell 0.2% and 0.3%, respectively, while the tech-heavy Nasdaq Composite (^IXIC) shed 0.5%, after closing sharply lower Friday. Recently, jitters about overcooked AI expectations have prompted investors to jump out of tech and into value stocks. That has pressured the Nasdaq and the S&P, ...

Company and Industry Insights - iRobot (IRBT) stock plummeted around 70% after filing for bankruptcy, struggling against competition from cheaper Chinese rivals and the impact of tariffs [6] - The rotation from tech stocks to value stocks has pressured the Nasdaq and S&P, but is seen positively by strategists as a sign of broadening support for stocks beyond narrow tech leadership [2] - The upcoming economic data releases, including the monthly jobs report and inflation reading, are critical for assessing the Federal Reserve's future rate cut decisions, which could impact corporate earnings [4] - The potential replacement of Federal Reserve Chair Jerome Powell is a key factor, with Kevin Hassett being a frontrunner who has indicated that Trump's opinions would be considered while maintaining independence in rate setting [5]

Carlyle sold a troubled loan it provided to iRobot less than three years ago as the maker of Roomba vacuum cleaners is trying to stave off a potential bankruptcy filing https://t.co/QAYNjGtux5 ...