Outlook 09/05: Stock futures fall Thursday as investors dumped risk assets, and concerns mounted over the outlook for the U.S. economy. Fresh labor market data Thursday sent mixed signals about the health of the U.S. economy as questions linger over whether the Federal Reserve is behind the curve on rate cuts. Private payrolls data showed the weakest growth since 2021, heightening fears of a slowing labor market. That puts heightened scrutiny on jobs data, with all eyes on Friday’s August nonfarm payrolls report. A weak July report released last month spurred recession fears and a raft of volatility in August.
ESU24 (SEP2024): YVAH 5543 YPOC 5535 YVAL 5520 GAP 5522
/ES Plan: Last session market closed balanced, and overnight continues on that way, moving within previous value, so these're the opening and initial balance options for today:
