Stock Market Update
06-May-26 09:22 ET
Futures point to higher open, major averages look to push further into record territory
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +48.00. Nasdaq futures vs fair value: +261.00.
The stock market remains on track for a considerably higher opening that will likely see the S&P 500 and Nasdaq Composite establish new record highs this morning.
Meanwhile, the DJIA remains 2.4% below its all-time high levels, though the index is on pace to soon reclaim the 50,000 mark.
Retreating oil prices, AI-enthusiasm, and more solid earnings growth across the broader market look to be key drivers behind this morning's strength, helping fuel the market's continued push into record territory.
