Stock Market Update
31-Aug-26 08:34 ET
Futures point to lower open, AON to acquire USI Insurance from KKR
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -34.00. Nasdaq futures vs fair value: -77.00.
S&P 500 futures remain modestly lower, currently trading 34 points below fair value.
On the mergers and acquisitions front, AON (AON 351.95, -3.49, -1.0%) has agreed to acquire USI Insurance from KKR (KKR 108.68, +0.02, +0.0%) for $17 billion. The deal adds the No. 10 U.S. insurance broker, with roughly $3 billion in annual revenue and more than 10,500 employees, as AON looks to expand its U.S. middle-market platform and increase its exposure to the fast-growing excess and surplus insurance segment.
