Business
Stock Futures Fall to Start New Month After Late November Rally
U.S. stock futures fell early Monday to start a new month for the stock market, as investors began December hotly anticipating the next decision on interest rates from the Federal Reserve.
Dow Jones Industrial Average futures dropped 240 points, or 0.5%, after the index finished an abridged day of trading on Black Friday up 289 points to 47,716. S&P 500 futures lost 0.7% with contracts tracking the tech-heavy Nasdaq Composite down 0.8%.
After a strong end to November, which saw the S&P 500 and Nasdaq record their best Thanksgiving weeks since 2008, it looks like a risk-off tone to start December.
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