Stock Market Update
24-Dec-25 09:09 ET
Futures point to flat open to shortened session
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: flat. Nasdaq futures vs fair value: +7.00.
The stock market is on track for a flat open to today's holiday-abbreviated session that will see the stock market close at 1:00 p.m. ET.
Initial jobless claims for the week ending December 20 decreased by 10,000 to 214,000 (Briefing.com consensus: 226,000), while continuing jobless claims for the week ending December 13 increased by 38,000 to 1.923 million.
The key takeaway from the report is the redundancy of the messaging that low initial claims and high continuing claims connote a low firing-low hiring environment that is a speedbump for growth prospects.
