Stock Market Update
06-Jan-26 08:35 ET
Futures point to flat open amid light batch of earnings/guidance
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +2.00. Nasdaq futures vs fair value: +47.00.
The S&P 500 futures currently trade two points above fair value.
Microchip (MCHP 69.69, +2.63, +3.9%) is nicely higher in the premarket after guiding its Q3 (December) revenue above consensus, experiencing a fairly broad-based recovery in most of its end markets.
In other earnings and guidance news, AngioDynamics (ANGO 13.85, +0.62, +4.7%) is higher after beating EPS expectations by $0.10, beating revenue expectations, and reaffirming its FY26 EPS guidance while guiding FY26 revenues above consensus. The company's CEO will retire during FY27.
