Outlook 10/24: U.S. stock futures rise Tuesday as investors focused on a fresh slate of earnings reports, and traders monitored the latest moves in Treasury yields. We're coming off a mixed session as investors continue to watch the U.S. 10-year Treasury yield, which rose above the 5% mark before falling that level. Rising yields have raised concerns about the state of the broader economy and pressured the stock market in recent weeks. On Tuesday, the benchmark rate was up about 1 basis point at 4.848%. Equities are trending sideways to being in a retreat mode given persistent inflation and higher-for-longer interest rates. Alphabet and Microsoft are among companies posting results after the market closes.
/ESZ23 (Dec 2023): YVAH 4266 YPOC 4246 YVAL 4238 GAP 4248.75
/ES Plan: Last session market closed bimodal balanced, but overnight looks slight bullish, moving within previous value, so these're the opening and initial balance options for today:
