Outlook 07/15: Stock futures look set to add to records after better-than-expected earnings, retail sales data. Bank of America rose more than 2% before the bell after earnings came in ahead of analyst forecasts. On the other hand, Morgan Stanley slipped more than 2% despite also beating expectations. They’re the latest household names to post quarterly financial results as the new reporting season kicks into gear. Retail sales data also came in better than anticipated, which could ease concerns that the consumer was buckling. June sales came in unchanged, while economists predicted a decline of 0.4%.
/ESU24 (SEP2024): YVAH 5699 YPOC 5692 YVAL 5678 GAP 5685.25
/ES Plan: Yesterday market closed balanced, but overnight looks bullish (PBT 5710), still moving within previous value, so these're the opening and initial balance options for today:
