Stock Market Update

15-May-25 08:37 ET

Econ data update

Market is Closed

[BRIEFING.COM] S&P futures vs fair value: -16.00. Nasdaq futures vs fair value: -87.00.

Retail sales rose 0.1% in April (Briefing.com consensus 0.2%) and retail sales, excluding autos, rose 0.1% (Briefing.com consensus 0.5%).

The Producer Price Index (PPI) dropped 0.5% in April (Briefing.com consensus 0.3%) and core-PPI dropped 0.4% (Briefing.com consensus 0.3%).

Weekly initial jobless claims totaled 229,000 (Briefing.com consensus 226,000) and continuing claims totaled 1.881 million.

The Empire State Manufacturing Survey fell to -9.2 in May (Briefing.com consensus 1.0) from -8.1 in April.

The Philadelphia Fed Index rose to -4.0 in May (Briefing.com consensus -6.0) from -26.4 in April.

The S&P 500 futures are down 16 points and are trading 0.2% below fair value, the Nasdaq 100 futures are down 87 points and are trading 0.2% below fair value, and the Dow Jones Industrial Average futures are down 126 points and are trading 0.3% below fair value.