Stock Market Update
06-Oct-26 09:13 ET
Futures point to higher open that could challenge record highs
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +33.00. Nasdaq futures vs fair value: +156.00.
The stock market remains on track for a solid opening, looking to build on yesterday’s strength and potentially set the stage for the S&P 500 to make a run at fresh all-time highs.
The trade deficit widened in August to $105.6 billion (Briefing.com consensus: -$93.7 billion) from a downwardly revised $92.8 billion (from -$88.6 billion) in July. Exports were $4.5 billion more than July exports, but imports were $17.2 billion more than July imports.
The key takeaway is that demand for crude oil and semiconductors helped drive the increase in exports and imports and can be looked at in part as a good sign for global economic activity.
