Outlook 09/16: Stock futures are little changed Monday morning as investors await the Federal Reserve’s highly anticipated policy meeting, during which central bankers are expected to cut rates for the first time since 2020. The Fed announcement is on Wednesday and are widely anticipated to make their first interest rate cut since they began hiking rates in March 2022. A cut this week would be a pivotal move, as many investors hope the decision could lower borrowing costs for companies and improve overall earnings growth boosting economic growth.
ESZ24 (DEC2024): YVAH 5697 YPOC 5689 YVAL 5682 GAP 5689
/ES Plan: Last session market closed bullish (PBT 5719), but overnight, looks more balanced, moving within previous value, so these're the opening and initial balance options for today:
