Stock Market Update
08-May-25 08:36 ET
Econ data update
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +50.00. Nasdaq futures vs fair value: +240.00.
Productivity declined 0.8% in the preliminary Q1 reading (Briefing.com consensus -0.4%) and unit labor costs were up 5.7% in the preliminary Q1 reading (Briefing.com consensus 4.0%).
Weekly initial jobless claims totaled 228,000 (Briefing.com consensus 238,000) and continuing claims totaled 1.879 million.
The S&P 500 futures are up 50 points and are trading 0.9% above fair value, the Nasdaq 100 futures are up 240 points and are trading 1.2% above fair value, and the Dow Jones Industrial Average futures are up 271 points and are trading 0.7% above fair value.
