US equities started the week mixed as investors prepared for an upcoming US data calendar. The S&P 500 hovered near 6,810 by late morning in New York, while the NASDAQ 100 and Dow Jones Industrial Average both slipped about 0.2%. European shares outpaced US markets, with the Stoxx Europe 600 rising about 0.8%.
Large technology stocks stayed in focus after last week’s pullback. Broadcom extended a sharp drop and headed toward its worst three-day slide since 2020, according to market coverage. Oracle extended a multi-session decline and pushed its fall to about 17% over that span, as investors weighed heavy AI spending plans.
Crypto prices also pressured risk appetite. Bitcoin fell about 2% to roughly $86,680, and Ether dropped close to 3% to about $2,993, based on intraday levels cited in the snapshot.
Commodities signaled caution as well. West Texas Intermediate crude fell more than 1% to about $56.63 a barrel, while spot gold edged slightly lower near $4,294 an ounce in the same tally. Traders now expect wider swings as delayed data fills the shutdown gap and sets the year-end tone for global markets.
Germany’s 10-year yield held near 2.85% and Britain’s 10-year yield slipped to about 4.49%. The yen firmed near 155.3 per dollar.
US Treasuries gained as traders leaned toward more easing next year. The 10-year yield eased to about 4.17% and the 2-year yield dipped to around 3.51%, as investors positioned for macro releases and policy signals. The Bloomberg Dollar Spot Index edged lower, and the euro rose slightly above $1.17.
Investors now track labor and inflation prints that can reset the Federal Reserve rate outlook. Reportedly, Tuesday’s release will combine November job figures with an estimate for October payrolls, after the federal shutdown delayed earlier reports. It also reported disruption around the consumer price index scheduled later in the week.
Fed commentary kept attention on employment conditions. Officials described the policy as well-positioned after the latest cut, while also flagging higher job risks and a more minor inflation threat. Markets will watch whether softer hiring data strengthens expectations for further cuts.
Mega-cap performance stayed mixed. Apple paced some of the early losses, while NVIDIA and Tesla advanced. Small caps lagged, and the Russell 2000 dropped about 0.5% in the cited market moves.
Costco shares dipped after Roth Capital Partners downgraded the retailer to sell. Roth pointed to softer renewal trends and slower paid member growth, even after the company delivered a quarterly beat. The call added a fresh data point for investors tracking consumer demand and membership-driven revenue.
iRobot slid after the Roomba maker filed for Chapter 11 protection and outlined a plan that would transfer ownership to its leading supplier, Shenzhen Picea Robotics. The company said it expects normal operations for its devices, app, and customer support during the process, while reporting said the court-supervised restructuring could finish by February 2026.
Amazon.com Inc. faced a shareholder proposal seeking a review of whether contracts linked to Israel’s military and the US Department of Homeland Security align with its responsible AI policies.
Oracle Corp. drew bond-market attention as investors assessed the company’s aggressive artificial intelligence spending plans.
Teradyne Inc. rose after Goldman Sachs upgraded the stock to buy, citing expectations for stronger AI-driven demand for chip-testing equipment.
ServiceNow Inc. and Adobe Inc. received downgrades to underweight at KeyBanc, which highlighted rising competitive pressure from AI tools.
Spirit Aviation Holdings Inc. secured access to an additional financing tranche from creditors, easing near-term liquidity pressure during its restructuring process.
Sanofi reported two setbacks for an experimental multiple sclerosis drug, including a US regulatory delay and a late-stage trial failure, while also agreeing to a deal with Dren Bio worth up to $1.8 billion, including a $100 million upfront payment.
US stocks traded mixed as investors awaited delayed US jobs and inflation data, with tech shares under pressure and Treasury yields easing on expectations of future Fed rate cuts.
Corporate moves also shaped sentiment, as iRobot filed for Chapter 11, Costco slipped on a downgrade, and select AI-linked stocks saw upgrades and downgrades.
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