Stock Market Update
28-Aug-26 08:33 ET
Oil moving lower
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -6.00. Nasdaq futures vs fair value: -71.00.
The S&P 500 futures currently trade six points below fair value.
Headlines are relatively quiet ahead of Fed Chair Warsh's address at 10:00 a.m. ET.
Crude oil is moving modestly lower this morning, currently down $0.76 (-0.9%) to $82.77 per barrel. Oil settled higher yesterday following reports that the White House does not wish to return to the terms of the June memorandum of understanding with Iran. However, CNBC reports that Iranian foreign minister Seyed Abbas Araghchi said "putting diplomacy back on track isn't impossible.
