A Trader works on the floor of the New York Stock Exchange (NYSE) in New York on November 21, 2025.
Angela Weiss | Afp | Getty Images
Stock futures fell on Monday, following crypto prices lower, as volatility continued following a choppy November.
Dow Jones Industrial Average futures slipped 210 points, or 0.4%. Futures tied to the S&P 500 and Nasdaq-100 shed 0.6% and 0.8%, respectively.
Nvidia, AMD and Broadcom shares dipped more than 1% before the bell, indicating more turmoil in the artificial intelligence trade. However, Synopsys shares surged after Nvidia announced an investment in the company.
Bitcoin, the flagship cryptocurrency, dropped more than 5% to trade below $87,000. The digital currency late last month fell below $90,000 for the first time since April and has since struggled to stay above that mark.
Wall Street is coming off a strong week. The Dow and S&P 500 jumped more than 3%, which the Nasdaq rallied close to 5%.
But the market turned turbulent and was anything but smooth sailing in November. The S&P 500 and Dow closed modestly above flat for the month, while the Nasdaq shed 1.5% to snap a seven-month advance. At one point in November, the tech-heavy Nasdaq was down nearly 8% from the October close amid concerns around artificial intelligence stock valuations.
To be sure, seasonality is on Wall Street’s side as December trading begins. The S&P 500 averages an advance of more than 1% in December, making it the third-best month of the year for the benchmark in records going back to 1950, according to the Stock Trader’s Almanac.
“I am a bit more constructive on the prospects for a positive December, given the sharp rally [last] week, which has helped market breadth to begin to rebound after a difficult early part of November,” Mark Newton, technical strategist at Fundstrat, wrote last week. “The equity market seems to be growing more comfortable as the chances for a December rate cut have grown.”
These stocks are making moves in premarket trading
Here are some of the companies making headlines before the bell:
- Synopsys — The developer of design automation models and software jumped 8% after Nvidia invested $2 billion in Synopsys common stock at $414.79 per share as part of a broad strategic partnership.
- Leggett & Platt — Shares rose 14% after the furniture component manufacturer received an unsolicited, all-stock buyout proposal from Somnigroup International valued at $12 per share.
- Wynn Resorts — The hotel and casino chain added almost 2% after Goldman Sachs included Wynn on its conviction buy list. Goldman said the company has a “best-in-class” Las Vegas business, while improvement in China’s Macao region can “drive transformative upside.”
- Nvidia, Micron Technology, Marvell Technology — Some artificial intelligence-linked stocks traded down as investor concerns about an AI bubble grew. Nvidia slipped 1.4%, while Micron Technology and Marvell Technology each fell about 2%.
Read the full list here.
— Liz Napolitano
Synopsys pops following Nvidia investment
Synopsys shares jumped more than 7% in Monday’s premarket following Nvidia‘s investment.
Nvidia said it purchased $2 billion of Synopsys stock. The chipmaker’s investment is part of a partnership aimed at accelerating computing and artificial intelligence engineering solutions.
Synopsys shares, 1-day
Shares of Nvidia, on the other hand, ticked down more than 1% on Monday.
— Alex Harring, Ashley Capoot
Bitcoin falls to start December
Bitcoin fell more than 5% to start the new week and month, pushing it back below the key $90,000 threshold. The flagship digital currency last traded at $86,135.37.
Bitcoin 5-day chart
— Fred Imbert
Wall Street heads into new month with some momentum
The S&P 500 and Nasdaq Composite last week ripped higher by 3.7% and 4.9%, respectively, while the Dow advanced 3.2%.
Seasonality is also on Wall Street’s side. The S&P 500 averages an advance of more than 1% in December, making it the third-best month for the benchmark going back to 1950, according to the Stock Trader’s Almanac.
— Fred Imbert
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