Stock Market Update
02-Sep-25 08:33 ET
Futures point to lower open to start the month
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -59.00. Nasdaq futures vs fair value: -292.00.
Equity futures continue to move lower, with the S&P 500 futures now trading 59 points below fair value.
It will be a relatively light day from an economic data release perspective, with the market set to receive the final S&P Global U.S. Manufacturing PMI for August at 9:45 a.m. ET, followed by the August ISM Manufacturing Index (Briefing.com Consensus 48.6%) and July Construction Spending (Briefing.com consensus +0.2%) reports at 10:00 a.m. ET.
In corporate news, shares of PepsiCo (155.28, +6.63, +4.5%) are higher in the pre-market after The Wall Street Journal reported that Elliott Investment Management is planning a major campaign to combat recent underperformance.
