A Trader works on the floor of the New York Stock Exchange (NYSE) in New York on November 21, 2025.
Angela Weiss | Afp | Getty Images
Stock futures fell on Monday, following crypto prices lower, as volatility continued following a choppy November.
Dow Jones Industrial Average futures slipped 210 points, or 0.4%. Futures tied to the S&P 500 and Nasdaq-100 shed 0.6% and 0.8%, respectively.
Nvidia, AMD and Broadcom shares dipped more than 1% before the bell, indicating more turmoil in the artificial intelligence trade. However, Synopsys shares surged after Nvidia announced an investment in the company.
Bitcoin, the flagship cryptocurrency, dropped more than 5% to trade below $87,000. The digital currency late last month fell below $90,000 for the first time since April and has since struggled to stay above that mark.
Wall Street is coming off a strong week. The Dow and S&P 500 jumped more than 3%, while the Nasdaq rallied close to 5%.
But the market turned turbulent and was anything but smooth sailing in November. The S&P 500 and Dow closed modestly above flat for the month, while the Nasdaq shed 1.5% to snap a seven-month advance. At one point in November, the tech-heavy Nasdaq was down nearly 8% from the October close amid concerns around AI stock valuations.
To be sure, seasonality is on Wall Street’s side as December trading begins. The S&P 500 averages an advance of more than 1% in December, making it the third-best month of the year for the benchmark in records going back to 1950, according to the Stock Trader’s Almanac.
“I am a bit more constructive on the prospects for a positive December, given the sharp rally [last] week, which has helped market breadth to begin to rebound after a difficult early part of November,” Mark Newton, technical strategist at Fundstrat, wrote last week. “The equity market seems to be growing more comfortable as the chances for a December rate cut have grown.”
