Stock Market Update
17-Oct-25 09:27 ET
Futures point to mostly lower open
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -9.00. Nasdaq futures vs fair value: -93.00.
The stock market is on track for a mostly lower open, though a batch of earnings beats from banking names and optimism around the trade situation with China have futures well off of their session lows.
The market continues to have economic data releases prevented by the ongoing government shutdown, though rate cut expectations remain high.
NVIDIA (NVDA 179.72, -2.08, -1.1%), Broadcom (AVGO 350.18, -3.97, -1.1%), and AMD (AMD 233.48, -1.08, -0.5%) might have additional risks from OpenAI deals, according to The Information.
