Stock Market Update

17-Mar-26 08:24 ET
Futures point to slightly higher open
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +11.00. Nasdaq futures vs fair value: +22.00.

The S&P 500 futures currently trade 11 points above fair value.

Eli Lilly (LLY 978.75, -10.37, -1.1%) trades lower in the premarket after HSBC downgraded the stock to Reduce from Hold, with a target price of $850. 

On the earnings front, Academy Sports and Outdoors (ASO 53.80, -2.71, -4.8%) moves lower after the company missed EPS expectations by $0.08, missed revenue expectations, reported Q4 comparable sales of -1.6%,  and guided FY27 EPS in-line with revenues below consensus

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