US Stock Market Move | Star technology stocks mostly rose before the market. Alphabet Inc. Class A (GOOGL.US) rose nearly 4%.

On Monday, the Nasdaq 100 index futures rose by nearly 1%, with most of the leading tech stocks trading higher before the market opened. Alphabet Inc. Class CA (GOOGL.US) surged by nearly 4%, indicating that the opening stock price is likely to hit a new all-time high. Tesla, Inc. (TSLA.US) and Broadcom Inc. (AVGO.US) both rose by over 2%, while Amazon.com, Inc. (AMZN.US) and Meta (META.US) rose by over 1%. NVIDIA Corporation (NVDA.US) and Microsoft Corporation (MSFT.US) saw their stock prices turn positive. On the news front, Alphabet Inc. Class CAI has recently unveiled its new fine map model NanoBanana Pro and the latest large model Gemini 3, shaking up the global AI tech circle. OpenAI CEO Ultraman even suggested that Alphabet Inc. Class CGemini may pose a serious challenge to OpenAI. Furthermore, Woll, a member of the Federal Reserve Board and a leading candidate for the next Federal Reserve chair, expressed concern saying, "I am worried about the labor market, I advocate for a rate cut." A recent report by Goldman Sachs Group, Inc. predicts that a rate cut by the Federal Reserve in December is becoming increasingly likely. Given that the next employment report and CPI data will be released after the December meeting, there are almost no obstacles to a rate cut in the current schedule. The report forecasts rate cuts in March and June next year, based on the core PCE inflation approaching the 2% policy target, as well as concerns over rising unemployment rates among college graduates, indicating that economic downside risks are accelerating.