Outlook 12/09: Stock futures are slightly lower on Monday after the SP500 and Nasdaq Composite posted their third straight winning week, ahead of key inflation data due out this week. Last record highs have been printed after the November jobs report showed stronger-than-expected growth, but not so much strength as to dent investor hopes the Federal Reserve will lower interest rates this month. Markets pricing in an 85% chance the target rate will be lowered by a quarter point at the conclusion of the Dec. 18 meeting. The Fed is now in a blackout period ahead for commentary of its policy-setting meeting, but investors will get one final piece of insight into their decision-making with key inflation data set to be released this week. The November CPI, due out Wednesday, is expected to show a slight uptick in pricing pressures.
ESZ24 (DEC2024): YVAH 6103 YPOC 6096 YVAL 6091 GAP 6098
/ES Plan: Last session market closed balanced, and week reopening continues on that way, moving within previous value, so these're the opening and initial balance options for current session:
