Stock futures fell on Monday, following crypto prices lower, as volatility continued following a choppy November. Dow Jones Industrial Average futures slipped 210 points, or 0.4%. Futures tied to the S&P 500 and Nasdaq-100 shed 0.6% and 0.8%, respectively. Nvidia, AMD and Broadcom shares dipped more than 1% before the bell, indicating more turmoil in the artificial intelligence trade. However, Synopsys shares surged after Nvidia announced an investment in the company. Bitcoin, the flagship cryptocurrency, dropped more than 5% to trade below $87,000. The digital currency late last month fell below $90,000 for the first time since April and has since struggled to stay above that mark. Wall Street is coming off a strong week. The Dow and S&P 500 jumped more than 3%, while the Nasdaq rallied close to 5%. But the market turned turbulent and was anything but smooth sailing in November. The S&P 500 and Dow closed modestly above flat for the month, while the Nasdaq shed 1.5% to snap a seven-month advance. At one point in November, the tech-heavy Nasdaq was down nearly 8% from the October close amid concerns around AI stock valuations. To be sure, seasonality is on Wall Street’s side as December trading begins. The S&P 500 averages an advance of more than 1% in December, making it the third-best month of the year for the benchmark in records going back to 1950, according to the Stock Trader’s Almanac. “I am a bit more constructive on the prospects for a positive December, given the sharp rally [last] week, which has helped market breadth to begin to rebound after a difficult early part of November,” Mark Newton, technical strategist at Fundstrat, wrote last week. “The equity market seems to be growing more comfortable as the chances for a December rate cut have grown.” U.S. Treasury yields moved higher on Monday to start off the first day of December as investors increased bets on the Federal Reserve cutting interest rates in its upcoming meeting. At 5:47 a.m. ET, the 10-year Treasury was up more than 2 basis points at 4.044%, while the 30-year bond yield climbed 3 basis points to 4.702%. The 2-year note yield was up less than a basis point to 3.497%. Asia-Pacific markets opened December mixed Monday as traders parsed fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve rate cut this month. Hong Kong’s Hang Seng Index added 0.81%, while the mainland CSI 300 was up 1.1% to close at 4,576.49. Japan’s benchmark Nikkei 225 index fell 1.89% to end at 49,303.28, and the Topix index retreated 1.19% to 3,338.33. South Korea’s Kospi index was down 0.16% at 3,920.37, while the small-cap Kosdaq advanced 1.06% to 922.38. Australia’s ASX/S&P 200 declined 0.57% to 8,565.2. Oil prices rose about 1% on Monday as the Caspian Pipeline Consortium halted exports after a major drone attack and U.S.-Venezuela tensions raised concerns about supply, while OPEC+ agreed to leave oil output levels unchanged for the first quarter of 2026. Brent crude futures advanced 57 cents, or 0.91%, to $62.95 a barrel. U.S. West Texas Intermediate crude gained 56 cents, or 0.96%, to $59.11. Gold prices climbed on Monday to their highest level in six weeks, driven by investor expectations of a possible U.S. interest rate cut later this month and shifts in Federal Reserve leadership, while silver surged to a record high. Spot gold was up 0.3% at $4,241.21 per ounce as of 0855 GMT, after hitting its highest since October 21. U.S. gold futures for December delivery gained 0.5% to $4,275.40. Silver was up 1.3% to $57.12 per ounce after hitting an all-time high of $57.86 earlier. “Market participants are now starting to price in again a rate cut for the Fed in December, as well the expectation is the new FOMC chairman will be a dove… that is supporting investment demand for gold,” said UBS analyst Giovanni Staunovo. “Silver benefits from the same factor as gold, plus the expectation of further improving industrial demand next year.”