Stock Market Update
17-Dec-25 09:11 ET
Futures point to modestly higher open
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +15.00. Nasdaq futures vs fair value: +79.00.
The stock market is on track for a modestly higher opening this morning after a mixed finish yesterday.
Oil prices, which slid 2.7% yesterday amid optimism around a Russia-Ukraine peace deal, have increased $0.85 (+1.5%) to $59.98 per barrel. The rebound comes as President Trump has ordered a "total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela, according to CNBC.
On the policy front, Fed Governor Christopher Waller (voting FOMC member), who is also a Fed Chair candidate, told CNBC that the Fed can lower rates at a moderate pace, noting he believes the Fed is 50-150 points off of the neutral rate.
