Stock Market Update
13-Mar-26 08:42 ET
Futures point to higher open amid busy data slate
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +29.00. Nasdaq futures vs fair value: +106.00.
The S&P 500 futures currently trade 29 points above fair value.
Durable goods orders were unchanged month-over-month in January (Briefing.com consensus: 0.7%), following an upwardly revised 0.9% decrease (from -1.4%) in December.
Excluding transportation, durable goods orders rose 0.4% month-over-month (Briefing.com consensus: 0.5%) following an upwardly revised 1.3% increase (from 0.9%) in December.
Personal income increased 0.4% month-over-month in January (Briefing.com consensus 0.4%) following a 0.3% increase in December.
Personal spending was up 0.4% month-over-month (Briefing.com consensus: 0.2%) following a 0.4% increase in December.
The PCE Price Index increased 0.3% month-over-month (Briefing.com consensus: 0.3%), while the core PCE Price Index, which excludes food and energy, rose 0.4% month-over-month (Briefing.com consensus: 0.4%).
The second estimate for Q4 GDP saw GDP increase at an annual rate of 0.7% (Briefing.com consensus: 1.4%) on the heels of a 1.4% increase from the first estimate. The GDP Price Deflator increased 3.8% (Briefing.com consensus: 3.7%) versus 3.6% from the first estimate.
