Stock Market Update
06-Feb-26 09:11 ET
Futures point to higher open after several weaker sessions
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +39.00. Nasdaq futures vs fair value: +164.00.
The stock market is on track for a higher opening this morning, with tech stocks garnering some buy-the-dip interest after what has been a particularly rough week for the market's weightiest components.
Losses in the tech and mega-cap space have the S&P 500 entering today's session down 2.0% for the week, while the Nasdaq Composite is down nearly 4.0%. Yesterday's losses saw the S&P 500 move into negative territory for the year (-0.7% year-to-date).
While the major averages are indicated to move higher at the open, tech stocks in particular have had trouble sustaining gains throughout the duration of a session so far this year.
