Stock Market Update
25-Jun-26 08:42 ET
Futures point to higher open amid full data slate
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +72.00. Nasdaq futures vs fair value: +729.00.
The S&P 500 futures currently trade points above fair value.
Just released, personal income for May increased 0.7% (Briefing.com consensus 0.3%) after an unchanged reading in April.
Personal spending rose 0.7% month-over-month (Briefing.com consensus 0.3%) following a downwardly revised 0.4% increase (from 0.5%) in April.
The PCE Price Index increased 0.4% month-over-month (Briefing.com consensus 0.4%), from a prior increase of 0.4%.
The core PCE Price Index rose 0.3% (Briefing.com consensus 0.3%), from an upwardly revised prior increase of 0.3% (from 0.2%).
The third estimate of Q1 GDP showed an upward revision to an annual rate of 2.1% (Briefing.com consensus 1.6%) from 1.6% in the second estimate.
The GDP Chain Deflator was revised up to 3.6% (Briefing.com consensus 3.5%) from 3.5% in the second estimate.
Durable goods orders decreased 4.5% month-over-month in May (Briefing.com consensus -3.2%) after increasing a revised 8.5% (from 7.9%) in April.
Excluding transportation, orders were up 1.3 % month-over-month (Briefing.com consensus 0.5%) following an upwardly revised 1.4% increase (from 1.1%) in April.
Initial jobless claims for the week ending June 20 decreased by 12,000 to 215,000 (Briefing.com consensus: 225,000) from a revised prior reading of 227,000 (from 226,000).
Continuing jobless claims for the week ending June 13 increased by 21,000 to 1.821 million, from the revised previous level of 1.800 million (from 1.810 million).
