As the first week of December kicked off, U.S. stock futures are set to open on a weaker note after enjoying substantial gains both the prior Friday and throughout November. Investors continue to assess the outlook for monetary policy following Fed ChairJerome Powell‘s remarks on Friday. Powell indicated the Fed’s readiness to tighten policy further if deemed necessary. However, he also underscored that current interest rates are firmly in restrictive territory, which is contributing to the slowdown in inflation. The U.S. dollar saw a modest uptick on Monday, and Treasury yields were also on t…