Markets on Wall Street inched modestly lower before the opening bell today as they kicked off the final month of 2024, hoping to match November’s robust gains, according to the Associated Press. Futures for the S&P 500 and the Dow Jones Industrial Average were each down less than 0.1% before markets opened. On Friday, the indices closed out November with their best months of the year.
In overnight trading, shares of Stellantis fell 8.6% after the automaker announced that CEO Carlos Tavares is stepping down after nearly four years as the company’s top executive.
Companies reporting earnings this week include Salesforce, Dollar Tree, Foot Locker, Dollar General, and Lululemon.
Markets will also get a trove of labor market data this week, including the October job openings report, weekly unemployment benefits data, and the November jobs report.
In other dealings early today, U.S. benchmark crude oil gained 88 cents to $68.88 per barrel. Brent crude, the international standard, picked up 93 cents to $72.577 per barrel.
The U.S. dollar rose to 150.06 Japanese yen from 149.70 yen.
