"Stock Market Monday: Top 10 Things to Watch, Must-Watch Stocks, and Pre-Market Moves"

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Source: CNBC
"Stock Market Monday: Top 10 Things to Watch, Must-Watch Stocks, and Pre-Market Moves"
Photo: CNBC
TL;DR Summary

U.S. stocks remain steady after reaching a new 52-week high last week, with investors awaiting the Federal Reserve's final meeting of the year to gauge its outlook on the labor market and inflation. Bank stocks, such as Wells Fargo, performed well last week, and health insurer Cigna abandons its pursuit of acquiring Humana. Occidental Petroleum plans to acquire CrownRock for $12 billion, while raising its dividend. Energy stocks are gaining favor among analysts, with Citi upgrading Coterra Energy, EQT, and Southwestern Energy. Goldman Sachs upgrades Abbvie, JPMorgan raises price targets on cybersecurity stocks, and Citi upgrades Nike and Best Buy. Citi also resumes coverage of Broadcom with a buy rating.

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