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Stock futures fell on Monday, following crypto prices lower, as volatility continued following a choppy November.
Futures for the Dow Jones Industrials sank 192 points, or 0.4%, to 47,551
Futures for the S&P 500 backed off 44.25 points, or 0.7%, to 6,814.75.
Futures for the NASDAQ stumbled 218.50 points, or 0.9%, Monday to 25,263.50
Nvidia shares dipped around 1% before the bell along with AMD. Broadcom slipped 0.7%. Oracle shares slid nearly 1%.
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 S&P 500 and NASDAQ Composite last week ripped higher by 3.7% and 4.9%, respectively, while the Dow advanced 3.2%.
But the market turned turbulent and was anything but smooth sailing in November. The S&P 500 and Dow closed flat for the month, while the NASDAQ shed 1.5% to snap a seven-month advance. At one point in November, the NASDAQ was down nearly 8% from the October close.
Concerns around artificial intelligence stock valuations put pressure on the major averages during the month.
Overseas, the Nikkei 225 in Japan dipped 1.9%, while in Hong Kong, the Hang Seng Index moved ahead 0.7%.
Oil prices took on 73 cents to $59.28
Gold prices shone brighter $31.30 to $4,286.50.
US Market Updates