Stock Market Update
20-Jan-26 08:30 ET
Futures point to lower open as investors look for defensive positioning
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -95.00. Nasdaq futures vs fair value: -412.00.
The S&P 500 futures currently trade 95 points below fair value as the market braces for a pullback this morning.
The CBOE Volatility Index is up 3.84 points (+24.2%) to 19.7, reflecting a notable uptick in near-term uncertainty and hedging demand as investors look to position defensively.
Gold prices are up $129.50 (+2.8%) to $4,274.90 per troy ounce. However, a safe-haven flight into Treasuries is not evident, as the 2-year note yield is down just one basis point to 3.59%, while the 10-year note yield is up four basis points to 4.27%.
