December S&P 500 futures (ESZ23) are down -0.19%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.18% this morning as market participants looked ahead to comments from Fed Chair Jerome Powell and other Fed officials while also awaiting the release of the Fed’s favorite inflation gauge later in the week.
In Friday’s holiday-shortened trading session, Wall Street’s major averages closed mixed, with the blue-chip Dow rising to a 3-1/2 month high. iRobot Corporation (IRBT) soared over +39% following a report indicating that Amazon is progressing towards obtaining unconditional EU antitrust approval for its planned $1.4 billion acquisition of the company. Also, Vista Outdoor Inc (VSTO) climbed more than +3% after announcing that it received an unsolicited cash-and-stock merger offer from Czech gunmaker Colt CZ Group. In addition, Fisker Inc (FSR) gained over +5% after the company filed its delayed Q3 filing with the Securities and Exchange Commission and said it had made a strategic shift aimed at improving the pace of deliveries in the U.S. and Europe. On the bearish side, NVIDIA Corporation (NVDA) dropped nearly -2% following a Reuters report stating that the company informed its customers in China about the delay in the launch of a new artificial intelligence chip designed to comply with U.S. export regulations until the first quarter of next year.
