- Stocks fell and gold rose to a six-month high after data revealed a dramatic fall in China's industrial profits, reinforcing market concerns about the country's slowing economy.
- The STOXX 600 index declined 0.3%, and Nasdaq futures dipped 0.2%. Treasury 10-Yr yields rose as much as five basis points to 4.51%, the highest in more than a week, while gold rose to its highest level since May.
- Fresh economic data this week will help traders gauge whether the gains in stocks and bonds seen so far this month can extend into December. Statistics include euro-zone inflation figures, China PMIs, and US personal consumption figures on Thursday, and US and euro-area PMIs on Friday.
- Beijing Exchange asked big holders not to cut stake in companies.
- Oil declined for a fourth day as traders looked ahead to this week’s delayed OPEC+ meeting this Thursday.
