Stock Market Update
04-Sep-25 08:40 ET
Futures point to flattish open after slate of economic data
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +7.00. Nasdaq futures vs fair value: +32.00.
The S&P 500 futures currently trade seven points above fair value.
The ADP Employment Change Report for August showed private sector employment increasing by 54k (Briefing.com consensus: 69k) from a prior increase of 104k.
Initial jobless claims for the week ending August 30 increased by 8,000 to 237,000 (Briefing.com consensus: 232,000).
Continuing jobless claims for the week ending August 23 decreased by 4,000 to 1.940 million.
Q2 productivity was revised up to 3.3% (Briefing.com consensus: 2.4%) following a 2.4% advance reading.
Unit labor costs were revised down to 1.0% (Briefing.com consensus: 1.6%) following a 1.6% increase in the initial reading.
The trade deficit widened to $78.3 billion in July (Briefing.com consensus: -$64.2 billion) from an upwardly revised $59.1 billion (from -$60.2 billion) in June.
