Stock Market Update
21-Nov-25 09:15 ET
Futures point to higher open as market looks to rebound
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +34.00. Nasdaq futures vs fair value: +99.00.
The stock market is now on track for a higher open after New York Fed President Williams (FOMC voter) said in a speech that he sees room for a near-term adjustment to the target range for the Fed funds rate.
Futures were mixed prior to the comments, with tech names set for another day of losses. NVIDIA (NVDA 182.17, +1.53, +0.9%) now holds a solid premarket gain after being down an additional 1.0% on top of yesterday's losses.
While the premarket gains are encouraging, stocks traded higher yesterday in response to NVIDIA's earnings report before a sharp reversal took effect, making the market's ability to maintain today's advance a crucial test of market direction.
