Stock Market Update
16-Mar-26 09:19 ET
Futures point to higher open as oil prices ease
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +58.00. Nasdaq futures vs fair value: +258.00.
The stock market is on track for a higher opening this morning following an easing in oil prices.
Mega-cap stocks are providing a nice boost in the premarket, as all of the "magnificent seven" stocks trade higher. Meta Platforms (META 632.90, +19.19, +3.1%) is an early standout.
Just released, industrial production increased 0.2% month-over-month in February (Briefing.com consensus 0.4%) after rising 0.7% in January.
The capacity utilization rate was 76.3% (Briefing.com consensus 76.0%) versus a revised 76.3% (from 76.2%) in January.
