Wall Street's Winning Streak Continues as Stock Futures Dip

Stock futures dipped slightly on Sunday evening as Wall Street aims to extend its four-week winning streak. Despite concerns about weakening consumer spending, the equity market has rallied since the 10-year Treasury yield retreated from its brief peak above 5% in late October. Traders will be closely monitoring the start of the holiday shopping season for updates, as weak spending data could indicate that the Federal Reserve's rate hikes are beginning to impact the broader economy. The upcoming week will also feature important economic indicators and Federal Reserve commentary.