Stock Market Update
16-Oct-25 09:15 ET
Futures point higher amid AI enthusiasm, strong earnings
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +28.00. Nasdaq futures vs fair value: +156.00.
The stock market is on track for a higher open, with the major averages now creeping back into striking distance of last week's record highs.
Mega-cap tech is modestly higher in the pre-market, with semiconductor names poised for another session of outperformance after Taiwan Semiconductor Manufacturing Co. (TSM 312.00, +7.29, +2.4%) reported strong AI demand in its Q3 earnings report.
Earnings continue to beat expectations, with several more names in the financials sector trading higher in the pre-market.
