NewsWare’s Trade Talk: Monday, December 4

S&P Futures are trading lower this morning with the markets focusing on employment data this week. The key economic report for today will be the Factory Orders which comes out 30s after the opening bell. Alaska Air to buy Hawaiian Airlines, European drug make Roche to by Danish obesity drug maker. Carmot Therapeutics. Big layoffs were announced at Spotify and UBER to be added to the S&P 500. In Europe stocks are mostly lower with mining shares are weakening. Oil is trading slightly lower as traders continue to assess the details of the recent OPEC production curbs announcement.