U.S. stocks were slightly lower in early trading on Monday after climbing to record highs Friday when the November jobs report reinforced Wall Street’s expectations for another interest rate cut from the Federal Reserve next week.
The S&P 500 and Nasdaq Composite were each down 0.1% on Monday morning, while the Dow Jones Industrial Average was flat. The S&P and Nasdaq Composite each closed at records on Friday, building on a post-election rally that has pushed stocks to several all-time highs in the past month.
Shares of AI chipmaker Nvidia (NVDA) fell after Chinese regulators said they were investigating the company over possible violations of anti-monopoly laws. Other early stock movers included Super Micro Computer (SMCI), which surged after Nasdaq extended its deadline to regain compliance with the stock exchange’s listing requirements, and Palantir (PLTR), which jumped after announcing a partnership with defense company Anduril to develop AI-powered military and national security solutions.
Shares of advertising firm Interpublic Group of Companies (IPG) soared after announcing it would merge with rival Omnicom (OMC) in a stock-for-stock deal that, if approved, will form the world’s largest ad company.
Oracle (ORCL) shares advanced ahead of the data analytics giant’s quarterly earnings report after the bell.
The calendar for economic data was light on Monday but will pick up substantially later in the week. November’s Consumer Price Index (CPI) will be released Wednesday before November’s wholesale inflation data comes out Thursday. The reports will be the last bit of inflation or employment data the Fed gets before making its final interest rate decision of the year on Dec. 18.
Treasury yields ticked higher on Monday, with the 10-year yield, which is sensitive to interest rate expectations, up to about 4.18%.
Cryptocurrencies were lower across the board as the post-election rally took a breather. Bitcoin (BTCUSD), which surged above $100,000 for the first time last week, dipped to about $99,000. Oil and gold futures both rose.
Nvidia Stock Slips as Chinese Regulators Announce Anti-Monopoly Probe
35 minutes ago
Nvidia (NVDA) shares moved lower Monday morning after China’s State Administration for Market Regulation (SAMR) said it was investigating the chipmaking giant for potential violations of Chinese anti-monopoly laws.
The antitrust regulator said Monday that it is looking into Nvidia over the chipmaker’s 2020 acquisition of Israeli-American networking hardware maker Mellanox Technologies. SAMR said it “is opening a probe into Nvidia in accordance with the law,” according to a translation of the statement from CNBC.
The $6.9 billion deal was announced in March 2019 and completed in April 2020, days after the same Chinese regulators signed off on the deal along with regulators in Europe, Mexico, and the U.S.
Approval for the deal came with the conditions from Chinese regulators that Nvidia wouldn’t discriminate against Chinese companies and that Mellanox informed competitors of new products within 90 days of providing them to Nvidia, according to Bloomberg.
The chipmaker’s shares were down more than 2% in early trading Monday, but have still risen over 180% since the start of the year.
Futures Mixed To Start Last Week Before Fed Decision
1 hr 13 min ago
Futures contracts connected to the Dow Jones Industrial Average were up about 0.1% in premarket trading on Monday.
S&P 500 futures were little changed after recovering from earlier losses.
Nasdaq 100 futures were off 0.1%.
![i’m-nervous,-too!-[part-2]](https://10xwealthreport.com/wp-content/uploads/2026/03/177042-im-nervous-too-part-2-1568x784.jpg)
