Outlook 04/24: U.S. stock futures little change Wednesday morning as investors parsed the latest financial releases from corporate America. Tesla climbed more than 12% in premarket trading after the company announced a renewed push into “more affordable” electric vehicle models. Visa and Texas Instruments jumped more than 2% and 6% respectively on the back of stronger-than-expected reports. Boeing ticked 3% higher after a narrower-than-expected first quarter earnings loss. Those are the latest in a solid earnings season so far, with more than one out of every five SP500 listed firms reporting as of Tuesday evening. Of those that have already posted results, more than three out of every four have exceeded expectations.
/ESM24 (JUN 2024): YVAH 5113 YPOC 5104 YVAL 5085 GAP 5110.25
/ES Plan: Yesterday market closed bullish (PBT 5169), but overnight looks more balanced, moving within yesterday's value/range, so these're the opening and initial balance options for today:
