Stock Market Update
11-May-26 08:33 ET
Mosaic under pressure after earnings miss
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -8.00. Nasdaq futures vs fair value: -32.00.
The S&P 500 futures currently trade eight points below fair value.
Shares of Mosaic (MOS 20.90, -1.29, -5.8%) are under pressure in the premarket after the company missed EPS estimates by $0.19 and beat revenue estimates. The company withdrew its phosphate production guidance as record-high sulfur prices continue to eat into its margins.
