Stock Market Update
04-Aug-25 09:20 ET
Futures point to modest rebound
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +35.00. Nasdaq futures vs fair value: +203.00.
The stock market is poised for a higher opening following a roller-coaster week that saw the S&P 500 and Nasdaq Composite eclipse record highs before Friday's slide stoked fears about economic and earnings growth potential.
Equity futures point to a modest rebound from Friday's decline, though there is still considerable ground to be covered before the S&P 500 and Nasdaq Composite can challenge last week's record highs.
The market looks to developments on the trade front this week as several key trade partners seek to negotiate a more favorable deal ahead of the August 7 deadline.
Mega-cap stocks are poised for a strong start, with Tesla (TSLA 310.21, +7.19, +2.4%) trading higher in the pre-market after the company announced that it has approved an award of 96 million shares of restricted stock to Elon Musk.
Berkshire Hathaway (BRK.B 466.97, -5.9%, -1.2%) trades lower in the pre-market after reporting a 4% decrease in operating earnings over the weekend.
