Stock Market Update
15-Oct-26 08:40 ET
Futures remain lower after busy data slate
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -14.00. Nasdaq futures vs fair value: -357.00.
The S&P 500 futures currently trade 14 points below fair value.
Just released, Total PPI was up 1.3% month-over-month in September (Briefing.com consensus 0.5%) after an upwardly revised 0.5% increase (from 0.4%) in August.
Core PPI, which excludes food and energy, was up 0.7% month-over-month (Briefing.com consensus 0.3%) after increasing 0.2% in August.
Total retail sales increased 0.8% month-over-month in September (Briefing.com consensus: 0.3%) following an upwardly revised 1.3% increase (from 1.2%) in August.
Excluding autos, retail sales increased 0.9% (Briefing.com consensus: 0.3%) following 1.4% increase in August.
For the week ending October 10, initial claims increased by 1,000 to 199,000 (Brieifng.com consensus: 200,000), from the upwardly revised previous level of 198,000 (from 197,000).
Continuing claims for the week ending October 10 were down 4,000 to 1.710 million, from the downwardly revised prior level of 1.714 million (from 1.716 million).
The Empire State Manufacturing Index expanded to 25.5 in October (Briefing.com consensus 7.0%), from the previous reading of 7.6.
The Philadelphia Fed Index contracted to 20.9 in October (Briefing.com consensus 29.0%), from the previous reading of 37.8.
