Stock Market Update
14-Nov-25 08:25 ET
Futures point to lower open as mega-caps lag
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -64.00. Nasdaq futures vs fair value: -356.00.
The S&P 500 futures currently trade 64 points below fair value as stocks continue to move lower in the premarket. All of the "magnificent seven" names are lower, with most down over 1.0%.
In corporate news, Walmart (WMT 99.72, -2.82, -2.8%) has announced that its Board of Directors has elected John Furner, 51, to succeed Doug McMillon, 59, as President and Chief Executive Officer of Walmart Inc., effective February 1, 2026. Furner was also elected to the company's Board of Directors, effective immediately.
McMillon will retire on January 31, 2026, but remain on the Board of Directors until the next annual shareholders' meeting and help ensure a smooth transition.
