U.S. equity futures were little changed on Monday, as Wall Street started the shortened Thanksgiving holiday week.
Futures for the Dow Jones Industrials fell 32 points, or 0.1%, to 34,980.
Futures for the S&P 500 slipped 2.25 points, or 0.1%, at 4,525.25.
Futures for the NASDAQ inched up 0.25 points to 15,896.
Microsoft shares were up more than 1% after CEO Satya Nadella said former OpenAi chief Sam Altman will be joining the tech giant to lead a new AI research team.
U.S. markets will be closed Thursday due to the Thanksgiving holiday. Friday will also be a shortened trading day. Trading around the Thanksgiving holiday has been choppy in recent years, but November is still the best-performing month for the S&P 500, according to the Stock Traders’ Almanac.
Despite the short week, there are some key catalysts for the market ahead. Nvidia reports earnings Tuesday. The chipmaker is this year’s best-performing stock, up more than 200%.
Wall Street is coming off a winning weekly performance. The S&P 500 closed last week higher by 2.2% and the Dow added 1.9%, marking the first three-week streak for the indexes since July. The NASDAQ Composite finished the week higher by 2.4%, notching its best week since June.
In Japan, the Nikkei 225 dipped 0.6% Monday, while in Hong Kong, the Hang Seng gained 1.9%.
Oil prices leaped $1.46 to $77.38 U.S. a barrel.
Gold prices slipped $11.30 to $1,973.40 U.S. an ounce.
