Stock Market Update
08-Oct-26 09:10 ET
Futures point to lower open as yields and oil prices rise
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -29.00. Nasdaq futures vs fair value: -206.00.
Equity futures continue to point to a firmly lower open this morning, with oil prices and Treasury yields putting renewed pressure on stocks after yesterday's retreat
For the week ending October 3, initial claims decreased 2,000 to 197,000 (Brieifng.com consensus: 200,000). Continuing claims for the week ending September 26 were up 17,000 to 1.716 million.
The key takeaway from the report is a broken (but pleasant-sounding) record: layoff activity continues to run at low levels that reflect a solid demand environment.
