Data this week touch on manufacturing, inflation, and jobs. The Fed is quiet ahead of next week's meeting, and stocks had a mixed November highlighted by strong late-month gains.

Stocks are lower across the board to start December as investors appear to be taking some profits following a strong rally last week.

After last week's comeback, stocks started December on weak footing as risk-off sentiment returned on the back of a weak crypto market. Japan rate hike worries also weighed.

Crude oil futures (/CLF26) were trading higher to start Monday’s session.

Results from Deere and initial weekly jobless claims are due with Wall Street on a 3-day win streak. Hopes for a rate cut surged this week and Alphabet keeps setting new highs.

Stocks are up two straight days following Monday's tech-led rally bolstered by Alphabet and Broadcom. PPI and retail sales data loom along with Best Buy and Alibaba results.

After a gangbuster stock market rally since the early-April lows, many of the prior highfliers have taken a breather amid AI bubble and valuation concerns.

Thursday's rally-killing plunge submerged AI stocks and sent the S&P 500 to 2-month lows. Sentiment data loom as major indexes and cryptocurrencies start below key chart levels.

Liz Ann Sonders and Peter Atwater delve into how investor confidence, market narratives, and the "K-shaped economy" are influencing the current market cycle.