Stock Market Update
26-Jan-26 09:15 ET
Futures point to flat open to start eventful week
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +10.00. Nasdaq futures vs fair value: -5.00.
The stock market is now poised for a flattish opening this morning as investors proceed cautiously ahead of an eventful week of trading.
Durable goods orders jumped 5.3% month-over-month in November (Briefing.com consensus: 1.1%) following an upwardly revised 2.1% decline (from -2.2%) for October. Excluding transportation, durable goods orders rose 0.5% month-over-month (Briefing.com consensus: 0.3%) following a downwardly revised 0.1% increase (from 0.2%) for October.
The key takeaway from the report is that it showed good business spending activity, evidenced by the 0.7% month-over-month jump in nondefense capital goods orders excluding aircraft.
