US Stock Futures See a Pre-Thanksgiving Bump

Ah, the holiday season. It’s kicking off with a bit of Wall Street optimism. US stock futures inched upwards on Sunday night. Investors are eyeing a potential rebound as they head into the Thanksgiving-shortened trading week. The markets have needed a shake-up after cooling off from this year’s AI-fueled rally.

Dow Jones Industrial Average futures added roughly 200 points, a jump of 0.4%. Meanwhile, S&P 500 futures are up by 0.5%, and Nasdaq-100 futures climbed a neat 0.6%. As you might expect, the markets will take a breather on Thursday for Thanksgiving and will close shop early on Friday.

Investors are hoping to extend the momentum from last Friday’s bounce. This was after John Williams, Federal Reserve Bank of New York’s president, hinted at a possible rate cut in December. Despite the positivity, November wasn’t exactly friendly to major indexes. Investors started reassessing those high AI-tied stock valuations, leading to some losses.

The S&P 500 took a 2% hit last week, stretching its drop this month to about 3.5%. The Nasdaq Composite didn’t fare much better, sliding 2.7% and facing a 6% drop in November so far. The Dow fell almost 2% over the week, marking nearly a 3% dive for the month.

While still recuperating from the longest government shutdown in US history, data releases begin to return bit by bit. Yet, a full economic calendar is still out of reach. This week, traders are particularly tuned into the producer prices data from the Bureau of Labor Statistics and retail sales figures from the Census Bureau. Mark your calendars; these data points are due on Tuesday.

Earnings season rolls on, although in a muted fashion. We’re looking at companies like Alibaba Holdings, Dell Technologies, and retailers such as Kohl’s and Best Buy. Their reports will punctuate this holiday-shortened week.

Looming over all this is President Trump’s tariff saga. With the Supreme Court set to rule on their legality, the Commerce Department and the Office of the US Trade Representative are reportedly readying a backup plan if the decision isn’t in the administration’s favor.

### What’s Next?
Stock market coverage for Monday, November 24, 2025, promises more intrigue. Stay tuned.

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