BY THE NUMBERS

U.S. stock futures pointed to modest losses at the Monday open following Friday's strong rally that erased the S&P 500's losses for the week. The Dow, S&P 500 and Nasdaq are all riding three-day win streaks, and the S&P 500 is within 0.25% of its Nov. 27 record high. Small caps continue their recent rally, with the Russell 2000 now at its highest in 14 months. (CNBC)

* Investors bail on stock market rally, fleeing funds at record pace (WSJ)

Investors will be looking for clarity on the U.S.-China trade war today after a volatile week of trade headlines. The world's two largest economies are in talks to finalize a so-called phase one trade deal as 15% tariffs on billions of dollars in Chinese imports are set to kick in Dec. 15. (CNBC)

China's Communist Party has reportedly ordered all state offices to remove foreign hardware and software within three years in a move which could hit major U.S. firms including Microsoft, Dell and HP. The policy has been dubbed "3-5-2" because the replacement of the technology will happen at a pace of 30% in 2020, 50% in 2021, and 20% in 2022. (CNBC)