Stock Market Update
09-Jul-26 09:11 ET
Futures point to higher open as semiconductors extend gains
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +13.00. Nasdaq futures vs fair value: +284.00.
The stock market is on track for a higher open as continued enthusiasm across semiconductor stocks helps offset some oil-driven volatility in the broader market.
For the week ending July 4, initial jobless claims decreased by 2,000 to 215,000 (Briefing.com consensus: 220,000), which is the same level they were at in December 2025. For the week ending June 27, continuing jobless claims increased by 8,000 to 1.814 million, which is roughly where they stood in March.
The key takeaway from the report is the same key takeaway as other recent reports: the low level of initial jobless claims continues to reinforce the understanding that layoff activity remains quite low overall.
