Stock Market Update
09-Oct-25 09:16 ET
Futures point to flat open amid lack of macro catalysts
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +4.00. Nasdaq futures vs fair value: -10.00.
The stock market is on track for a flat opening this morning, though the S&P 500 and Nasdaq Composite need just modest gains to eclipse yesterday's record high levels.
NVIDIA (NVDA 192.88, +3.77, +1.9%) looks to provide the necessary push, with the stock trading above its all-time high in the pre-market.
Still, futures point to a flat open as the market waits on macro developments. Delta Air Lines (DAL 61.81, +4.69, +8.2%) and PepsiCo (PEP 140.58, +1.74, +1.3%) are early beneficiaries of Q3 earnings reports, but earnings do not truly pick up until next week.
Meanwhile, the market's expectations for further easing from the Fed have remained steady. The market did not receive weekly jobless claims data, and Fed Chair Jerome Powell did not mention monetary policy in pre-recorded remarks to the Community Bank Conference.
