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Barchart
Oleksandr Pylypenko

BIZARRE: Stock index futures drop as momentum stalls u s economic data in focus - What They Never Told You

December S&P 500 futures (ESZ23) are down -0.19%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.20% this morning as investors awaited a new round of U.S. economic data and speeches from Fed officials.

In Monday’s trading session, Wall Street’s major indices closed lower. Affirm Holdings Inc (AFRM) surged over +11% following a report from Adobe, indicating that “buy now, pay later” transactions contributed to $760 million in online spending during the Black Friday weekend sales, marking a 20% increase from last year. Also, Shopify Inc (SHOP) climbed more than +4% after the company said that its merchants set a Black Friday record with a combined $4.1 billion in sales, representing a 22% increase over last year. On the bearish side, GE HealthCare Technologies Inc (GEHC) slid over -3% after UBS downgraded the stock to Sell from Neutral with a price target of $66.

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