US stock futures fell on Sunday as investors took profits following a strong finish to a turbulent November, Marketwatch reported. Futures tied to the Dow Jones Industrial Average were down about 200 points, while contracts for the S&P 500 and Nasdaq-100 posted steeper declines.

The pullback came after equity markets closed last week with their best Thanksgiving-period performance since 2008. The S&P 500 rose three point seven percent over the week and the Dow advanced three point two percent, extending both indices’ monthly winning streak to seven. The Nasdaq fell one point five percent in November, pressured by a sell-off in major artificial intelligence-linked stocks.

Energy markets were mixed. West Texas Intermediate crude rose after OPEC+ reaffirmed its decision to pause output increases through the first quarter of 2026. The benchmark remains more than eighteen percent lower this year amid earlier production boosts from member states. Gold futures edged higher, silver reached a fifty-two-week peak, and Bitcoin dropped more than five percent, slipping below eighty-seven thousand US dollars.

Early retail-sector indicators pointed to strong demand. Adobe Analytics reported online Black Friday spending of eleven point eight billion US dollars, up nine percent from last year. Analysts cautioned that early enthusiasm does not necessarily translate into stronger December performance, citing historical data that often shows the S&P Retail Select Industry Index weakening after Cyber Monday.

Investors now turn to the Federal Reserve’s policy meeting scheduled for December 9 to 10. Futures pricing on Sunday showed an eighty-seven percent probability of an interest-rate cut, according to CME’s FedWatch tool.

Market sentiment in November strengthened despite concerns over AI valuations, government funding tensions, and pockets of softer economic data. Stephen Innes of SPI Asset Management wrote that expectations of monetary easing helped stabilise risk appetite, though he noted that labour-market deterioration could shift the policy outlook and challenge equity markets.