×

Wall Street may post 6th positive month of 2015

IN THE NEWS TODAY

U.S. stock futures were higher on this last day of November, with the Dow, S&P 500, and Nasdaq looking to chalk up their 6th positive month of 2015 with one month to go. (CNBC)

The ECB on Thursday is expected to expand its easing and cut its already negative deposit rate. On Friday, the U.S. government issues the November jobs report, ahead of the Fed's mid-December meeting. (CNBC)

Oil was higher this morning, but prices were on course to end November some 10 percent lower, as a global supply glut showed no sign of easing and a strong dollar further weighed on prices. (Reuters)

The IMF meets today to discuss a staff proposal to include China's yuan in its group of reserve currencies. Such a move would publicly acknowledge the heft of the world's second-largest economy. (CNBC)


About 121 million people plan to buy online on this Cyber Monday. According to the NRF, 29.6 million or 24.4 percent of consumers said they plan to use their mobile device to shop today. (RTT News)

Many consumers didn't wait to click for bargains. The Thanksgiving weekend was split evenly between traffic to Internet and physical stores, with a total of more than 151 million shoppers opening up their wallets. (CNBC)

Amazon (AMZN) has released a new video showing how its drones can deliver most items in under 30 minutes. The e-commerce giant still needs regulatory approval before deploying its fleet. (Re/code)

President Barack Obama addresses a major climate change conference in Paris today, aimed at rallying the world to reach a deal to cut greenhouse gases. (Politico)

The U.N. climate talks risk being overshadowed by concerns about terrorism following the Nov. 13 attacks in Paris. Obama on Sunday visited the site of the concert hall shooting. (Politico)

The earnings from the Islamic State's violent collection practices total tens of millions of dollars a month, approaching $1 billion a year, according to some estimates. (NY Times)

The University of Chicago has canceled classes today, asking students, faculty and non-essential staff to stay away from its main campus after being informed by the FBI of a threat of gun violence. (USA Today)

The U.S. has received "credible reports of an imminent attack" in the Afghan capital within the next two days, strongly urging U.S. citizens there to exercise extreme caution. (Voice of America)

Billionaire investor and outspoken Hillary Clinton supporter Warren Buffett will stump with the Democratic presidential front-runner in Omaha on Dec. 16, ahead of Nebraska's March caucus. (CNBC)

A new winter storm was plowing toward the Plains and the Great Lakes, threatening to pile as much as a foot of new snow today in areas still assessing the impact of a Thanksgiving weekend storm. (NBC News)

BY THE NUMBERS

Two economic reports kick off the new trading week, with the Chicago purchasing managers index at 9:45 a.m. ET and pending home sales for October from the National Association of Realtors at 10 a.m. ET.

Facebook (FB) is expanding its paid parental leave policy to full-time employees outside the U.S., giving all new parents four months, the same amount of time CEO Mark Zuckerberg said he plans to take.

Lions Gate's (LGF) "The Hunger Games: Mockingjay – Part 2" topped the Thanksgiving weekend box office with $75.8 million in ticket sales, bring its domestic total to $198.3 million.

Adele's latest album has shattered 'N Sync's sales record by moving 3.38 million copies in its first week, according to Billboard. In 2000, the boy band sold 2.4 million copies of "No Strings Attached."

STOCKS TO WATCH

Brazilian mining company Vale (VALE) said toxic materials like arsenic were found in river water, after a dam burst at a mine Vale co-owns with BHP Billiton (BHP).

InterContinental Hotels (IHG) may be targeted for takeover by China investors, according to the Telegraph newspaper, now that Marriott (MAR) has struck a deal to buy Starwood (HOT).

Tribune Publishing (TPUB) plans to sell its newspaper group to a Wall Street firm, according to tweet to Rupert Murdoch. The News Corp. co-chair also said the LA Times is going to be split off and sold to local investors.

Anheuser-Busch InBev (BUD) is selling its Grolsch and Peroni beer brands after the brewer completes its purchase of SABMiller, according to the Wall Street Journal.

WATERCOOLER

Los Angeles Lakers great Kobe Bryant plans to retire after the current season. The 37-year-old is third on the NBA's all-time scoring list. (Reuters)

The Broncos in Denver prevailed in overtime 30-24, ending the perfect season at 10 wins for the New England Patriots. (USA Today)