Outlook 02/14: Stock futures are slightly lower on Friday as investors weighed the latest on global trade after President Donald Trump held off on imposing new reciprocal tariffs. On Thursday, Trump signed a memorandum on laying out a plan to impose levies on goods from countries with duties on U.S. products. The lack of immediate tariffs boosted sentiment, which saw equity markets move higher as investors also piled into technology stocks. Traders were also seemingly relieved after January’s producer price index, as well as the consumer price index report released earlier this week, that appeared to suggest a softer reading for the personal consumption expenditures price index. The PCE price index, which is due later this month, is the Federal Reserve’s preferred inflation gauge.
ESH25 (MAR2025): YVAH 6114 YPOC 6102 YVAL 6068 GAP 6133
/ES Plan: Yesterday market closed bullish (PBT 6150), and overnight, after Retail Sales, looks slight bearish, still moving above previous value, so these're the opening and initial balance options for current session:
