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We’re nibbling on shares and averaging down our cost basis.

West Texas Intermediate (WTI) US Oil advances at the start of the week, trading around $59.30 at the time of writing.

West Texas Intermediate (WTI) US Oil advances at the start of the week, trading around $59.30 at the time of writing.

The Atlanta Fed GDPNow growth estimate for Q3 came in unchanged at 3.9% after the ISM data today.

In their own words:

• The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.9 percent on December 1, unchanged from November 26 after rounding. After this morning’s Manufacturing ISM Report on Business from the Institute for Supply Management, the nowcast of third-quarter real gross private domestic investment growth decreased from 3.5 percent to 3.4 percent.

The next GDPNow update will be no later than Thursday, December 4. The first model nowcast for fourth-quarter GDP growth will not occur before Tuesday, December 23.

This article was written by Greg Michalowski at investinglive.com.

The broader stock indices are chipping away at the gains and back toward their highs nevertheless, the indices are still down.

• The S&P index is down -18.27 points or -0.27% at 6830.41.
• NASDAQ index is down -74.9 points or -0.32% at 23290.

At session lows, the S&P was down -49.15 points, while the NASDAQ was down -255.48 points.

Looking at retailers, the result are mixed after the Black Friday weekend.

• Amazon is up 0.39%
• Costco is down -0.56%
• Walmart shares are up 0.46%
• Best Buy shares are down -0.66%
• Macy’s is up 1.72%
• Lululemon is down -0.92%
• Target is up 1.50%
• Nike is up 1.42%.

The Black Friday weekend sales showed strong online sales but not so great sales in the stores

Looking at the chip stocks today, they too are mixed:

• Nvidia shares are up 1.08%
• Broadcom is down -2.8*%
• AMD is unchanged
• Micron is down -0.34%
• Intel is down 1.04%.

This article was written by Greg Michalowski at investinglive.com.

The Euro (EUR) steadies against the US Dollar (USD) on Monday, with EUR/USD hovering near two-week highs reached earlier in the day as traders digest the latest ISM Manufacturing Purchasing Managers Index (PMI) data.

The ruling affirming Habba’s disqualification came one week after another Trump-picked prosecutor, Lindsey Halligan, was deemed invalidly appointed.

The GBP/USD post modest gains rise over 0.20% on Monday as investors grow confidence that the Federal Reserve might cut rates in the next week meeting, and traders prized in a possible nomination of the White House Economic Adviser Kevin Hassett to succeed Powell at the Fed.

OpenAI will embed engineering, research and product teams within Thrive Holding’s companies.

The GBP/USD post modest gains rise over 0.20% on Monday as investors grow confidence that the Federal Reserve might cut rates in the next week meeting, and traders prized in a possible nomination of the White House Economic Adviser Kevin Hassett to succeed Powell at the Fed.