Stock Market Update
15-Jul-24 08:33 ET
Econ data update
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +24.00. Nasdaq futures vs fair value: +104.00.
The S&P 500 futures are up 24 points and are trading 0.4% above fair value, the Nasdaq 100 futures are up 104 points and are trading 0.5% above fair value, and the Dow Jones Industrial Average futures are up 223 points and are trading 0.5% above fair value.
The NY Fed Empire State Manufacturing survey dropped to -6.6 in July (Briefing.com consensus -6.0) from -6.0 in June.
Treasury yields are little changed in response to the data. The 10-yr note yield moved from 4.24% to 4.23%, which is four basis points higher than Friday. The 2-yr note yield is unchanged at 4.46%.
