As the stock market kicks off a holiday-shortened week, major indexes such as the S&P 500 and Nasdaq are showing signs of recovery, leading to optimism among investors. Following a challenging November, market futures have risen, driven by hopes surrounding a potential Fed rate cut and positive sentiment buoyed by key economic data on retail sales and jobless claims expected this week. Notably, shares of tech giants like Alphabet and Nvidia are contributing to the gains. However, there are still concerns over the sustainability of this rally amid fears of an AI bubble and seasonal trading volatility. Overall, traders are advised to remain vigilant as they analyze market movements and economic indicators during this crucial trading period.