Outlook 12/13: Stock futures tick higher Friday morning following a losing session. For the week, the SP500 is on pace for slide of 0.6%. The Nasdaq has outperformed, on track for a 0.2% advance for the period. Thursday’s moves followed a producer price index report for November that came in ahead of expectations. Wholesale prices increased 0.4% last month, higher than the estimate of 0.2%. The recent rise in equities has fanned some concerns of an overvalued market fueled by a postelection rally, but some funds managers think there may still be more room to run.
ESZ24 (DEC2024): YVAH 6086 YPOC 6081 YVAL 6070 GAP 6057
/ES Plan: Yesterday market closed bearish, but overnight looks more bullish (PBT 6100), moving within previous value, so these're the opening and initial balance options for current session:
