Stock Market Update
08-Jul-26 08:32 ET
SpaceX higher despite mega-cap weakness
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -42.00. Nasdaq futures vs fair value: -200.00.
The S&P 500 futures currently trade 42 points below fair value.
While most mega-cap tech stocks move lower in the premarket this morning, SpaceX (SPCX 151.40 , +1.93, +1.3%) is an outlier, moving higher after The Information reported the stock is looking to launch a new model with Cursor. The stock retreated nearly 7% in yesterday's session despite a wave of bullish brokerage calls.
