Markets are hovering near record levels, attempting a ninth consecutive positive Monday. The S&P 500 has posted gains for six straight months, while the NASDAQ extends its winning streak to seven months.

Amazon (AMZN) surged after announcing a deal to provide OpenAI with Nvidia chips, continuing the trend of AI partnerships boosting tech stocks. Meanwhile, Kimberly-Clark announced a $49 billion acquisition of Tylenol-maker Kenview, though Kimberly-Clark shares dropped 15% as investors questioned the deal's size relative to the acquirer's $34 billion market cap.

Volatility remains in contango with the VIX at 17, implying 1% daily moves. Bitcoin struggles around $108,000-$110,000 after an underwhelming October. Key earnings reports include Palantir (PLTR), Uber (UBER), and Spotify (SPOT), while traders await Supreme Court arguments on tariffs Wednesday.