Stock Market Update
02-Jun-26 09:18 ET
Futures point to modestly lower open
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -18.00. Nasdaq futures vs fair value: -57.00.
The stock market remains poised for a modestly lower opening this morning, though there will be some sharp opening gains across select AI infrastructure names after the latest batch of earnings reports.
On the policy front, Cleveland Fed President Beth Hammack (voting FOMC member) gave a speech that highlights the need to return to 2% inflation, noting that the picture for inflation "is not encouraging."
