00:00futures under pressure ahead of the open here for the first of december s&p futures down 0.74
00:14percent dow futures down 0.5 percent and the nasdaq leading the way lower there at 0.97 percent
00:21let's take a look at some cues from last session all s&p 500 sectors barring health care were in
00:27the green on friday truncated session with energy it communication and financial services leading the
00:34way u.s stock futures however slipped on monday pulling back after friday's rally which marked
00:41the fifth consecutive session for gains over thanksgiving weekend markets remained downbeat
00:47monday morning despite strong black friday sales which we're going to talk about here in a sec
00:51with online sales rising 9.4 percent from a year earlier and easing fears of the first sales
00:58decline in four years and weakening consumer sentiment investors are going to await earnings
01:03from mongo db that's ticker mdb crowdstrike ticker crwd and salesforce ticker crm among others this
01:12week following the long thanksgiving weekend the 10-year treasury bond yielded 4.04 percent and the
01:18two-year bond was at 3.49 percent now we do have some stocks in focus here kicking off the beginning
01:25of december the first one's going to be nvidia shares were down 1.16 percent in the pre-market
01:31amid growing concerns regarding rising competition in the gpu space with google parents alphabet unveiling
01:38its ironwood ai tensor processing units or tpus and its potential partnership with meta furthermore we've
01:46also suspected and seen some rotation out of big cap tech and nvidia is the leader there looks like
01:52we're seeing a little bit more here especially with futures under pressure this morning now with this
01:57being the first of the month we are expecting inflows so it'll be interesting to see if big cap tech
02:02catches any of those inflows if the market bounces at all here today the second stock on our list is
02:08going to be neo that's ticker nio it's down four percent pre-market despite posting record vehicle
02:14deliveries and a decline in its losses during the third quarter results last week so good news there
02:21from neo met with some selling here early intel is the next stock on our list that's ticker intc that's
02:28down 1.11 percent in the pre-market that surged 10 on friday after analysts suggested that the company
02:35could become a foundry supplier from some of apple's m-series processors the next stock on our list here
02:42is bmnr bitmine immersion technologies that's down 6.39 percent in the pre-market after surging 4.35
02:52percent on friday and after announcing a new ethereum crypto purchase now again bitcoin under some pressure
02:59here today we'll see where it all closes up but this morning bitcoin sold off beneath 85 500
03:06before bouncing back to the 86 500 handle the last stock on our list here is going to be mongo database
03:14ticker mdb shares of the database engine platform mongo db are down about a half a percent in the
03:20pre-market ahead of the company's third quarter earnings on monday after the market closes this is
03:26likely the biggest report that we're going to see after the close here today
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