Stock Market Update

16-Apr-26 08:35 ET
Weekly jobless claims
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +11.00. Nasdaq futures vs fair value: +58.00.

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

Just released, initial jobless claims for the week ending April 11 decreased by 11,000 to 207,000 (Briefing.com consensus: 215,000) from a downwardly revised 218,000 (from 219,000).

Continuing jobless claims for the week ending April 4 increased by 31,000 to 1.818 million, from a downwardly revised 1.787 million (from 1.794 million).

The Philadelphia Fed Index expanded to 26.7 in April (Briefing.com consensus 12.7), from a prior reading of 18.1.

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