Stock Market Update
03-Sep-26 08:36 ET
Futures point to mixed open amid busy data slate
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +7.00. Nasdaq futures vs fair value: -19.00.
The S&P 500 futures currently trade seven points above fair value.
Just released, the trade deficit widened to $88.6 billion in July (Briefing.com consensus: -$89.6 billion) from a revised -$71.2 billion (from -$73.3 billion) in June.
Nonfarm business sector labor productivity increased 1.4% in the second quarter (Briefing.com consensus: 1.4%), unchanged from the preliminary Q2 reading.
Unit labor costs were up 1.2% (Briefing.com consensus: 1.3%) following the preliminary Q2 reading of 1.3%.
Initial jobless claims for the week ending August 29 increased by 2,000 to 206,000 (Briefing.com consensus 205,000) from last week's revised total of 204,000 (from 203,000).
Continuing jobless claims for the week ending August 22 decreased by 8,000 to 1.779 million from last week's revised total of 1.771 million (from 1.778 million).
