Stock Market Update
01-Oct-26 09:07 ET
Futures point to modestly higher open
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +24.00. Nasdaq futures vs fair value: +138.00.
The major averages remain on track for a modestly higher open, supported by some early momentum across the AI trade this morning.
For the week ending September 26, initial jobless claims fell by 1,000 to 197,000 (Briefing.com consensus: 200,000). Continuing jobless claims for the week ending September 19 decreased by 11,000 to 1.701 million.
The key takeaway from the report remains the same: layoff activity continues to run at low levels that reflect a solid demand environment.
