Stock Market Update

30-Apr-25 08:34 ET
Econ data update
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -54.00. Nasdaq futures vs fair value: -383.00.

Q1 GDP was down 0.3% in the first reading (Briefing.com consensus 0.4%) and the Q1 GDP Deflator was up 3.7% in the advance reading (Briefing.com consensus 3.1%). 

The Q1 Employment Cost Index was up 0.9% (Briefing.com consensus 0.9%).

Earlier, the ADP Employment Change estimated 62,000 jobs were added in April (Briefing.com consensus 128,000).

The S&P 500 futures are down 54 points and are trading 1.0% below fair value, the Nasdaq 100 futures are down 273 points and are trading 1.0% below fair value, and the Dow Jones Industrial Average futures are down 188 points and are trading 0.4% below fair value.

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