Stock Market Update
23-Sep-26 08:35 ET
Modest batch of earnings reports
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -5.00. Nasdaq futures vs fair value: -66.00.
The S&P 500 futures currently trade five points below fair value.
On the earnings front, General Mills (GIS 36.59, +0.21, +0.6%) beat EPS expectations by $0.03, reported revenue in line, and reaffirmed its FY27 EPS guidance.
KB Home (KBH 47.15, -1.44, -3.0%) beat earnings estimates by $0.16 on in-line revenue, though its homebuilding operating income margin fell to 5.2% from 8.1% due to a lower housing gross profit margin and a higher SG&A expense ratio.
