US stock futures were muted as a holiday-shortened week and downbeat month came to a close. The Chicago Mercantile Exchange halted trading due to a data center glitch, impacting futures and options worldwide. Meanwhile, individual stocks like Alphabet and Nvidia traded higher in premarket.

Stocks rebounded sharply this week as traders anticipate a Federal Reserve rate cut in December. Tech names received a boost from renewed faith in the AI trade. However, Wall Street faces a losing month with a cooldown in megacap tech names leading to a decline in November.

The CME gradually restored operations after a long outage disrupted trading in futures and options. The halt impacted markets globally, including US Treasurys and crude oil. Foreign-exchange platforms reopened, but no timeline was given for other markets to resume trading.

Analysts are rolling out stock-market predictions for 2026. Deutsche Bank set a high target for the S&P 500 at 8,000, while HSBC and JPMorgan expect the index to hover around 7,500. Markets will close early on Friday with no major earnings or economic data releases.

Oracle stock fell before the bell as Morgan Stanley raised credit market concerns. Alphabet and Nvidia saw gains in premarket trading. Strategy stock rose as the largest corporate holder of bitcoin, with bitcoin rebounding above $90,000 after a recent decline.

Gold edged higher towards a fourth straight monthly win amid expectations for another US interest-rate cut. Trading disruptions on the CME affected liquidity in precious metals markets. Bullion was up over 2% for the week, near $1,160 an ounce, as swap traders predict a more-than-80% chance of a rate cut in December.

Read more at Yahoo Finance: Dow, S&P 500, Nasdaq futures muted as rocky month draws to an end, before CME glitch halts trading