Stock Market Update
13-Jul-26 08:36 ET
Futures point to lower open as oil climbs
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -39.00. Nasdaq futures vs fair value: -351.00.
The S&P 500 futures currently trade 39 points below fair value as semiconductor stocks (and in particular, memory names) face mounting pressure this morning.
A cohort of prominent energy names move higher as WTI crude oil flirts with the $75 per barrel level, though oil and rate-sensitive names trend lower as the bump in oil prices pushes Treasury yields higher across the curve.
