Stock Market Update
24-Aug-26 08:40 ET
U.S.-Canada trade talks fall through
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -21.00. Nasdaq futures vs fair value: -169.00.
The S&P 500 futures currently trade 21 points below fair value.
U.S. Trade Representative Jamieson Greer told CNBC that a trade deal with Canada fell through because Canada "wanted more" on heavy-duty trucks. Greer added that U.S. trade policy is proceeding as planned and noted that the dispute affects only about 5% of imports from Canada.
Steel stocks such as Nucor (NUE 253.57, +9.94, +4.1%) have moved firmly higher since the talks collapsed.
