Considering the market trends in the US stock market before the opening on December 1, 2025, it is highly likely that the US stock market will face falling pressure at the opening. The specific situation is as follows:

1. All three major stock index futures fell: As of around 21:00 on the same day, the Dow futures fell 0.45%, the S&P futures fell 0.72%, and the Nasdaq futures fell 0.94%; earlier data showed that the S&P 500 index futures had fallen 0.8% and the Nasdaq 100 index futures had briefly fallen 1.1%. The movements of stock index futures usually serve as a forward guide for the opening of U.S. stocks.

2. Core sectors encounter a chill before the market opens: Major tech stocks in the US drop before the market opens, with Microsoft down 0.4%, Apple and Google A down 0.7%, Tesla and Nvidia down 0.9%, and Meta down 1%; cryptocurrency concept stocks also decline, with BMNR and Cipher Mining down over 6%, while tech stocks are a key sector in the US market, and their performance will significantly impact the overall market opening.

3. Transmission of Risk Aversion Sentiment: European stocks opened lower collectively on the day, with the German DAX index falling 1.33% and the Euro Stoxx 50 index dropping 0.56%. The cautious sentiment in the global equity markets spread, compounded by Bitcoin briefly falling below $86,000, triggering a sell-off in risk assets, further adding downward pressure to the opening of the U.S. stock market.
#十二月行情展望