Outlook 02/07: Stock futures are little changed in volatile trading as traders digested the latest jobs figures and movements in interest rates. January’s jobs report released Friday showed a measly 143,000 jobs were added in January, but traders were concentrating on other parts of the report. The unemployment rate actually fell to 4% from 4.1%, and December’s and November’s jobs figures were revised up significantly. The 10-year Treasury yield jumped above 4.47% in response. Today’s employment report probably keeps the Fed on hold for probably one more meeting.
ESH25 (MAR2025): YVAH 6103 YPOC 6098 YVAL 6090 GAP 6094
/ES Plan: Yesterday market closed bullish (PBT 6126), but overnight, after jobs report, looks balanced, still moving above previous value, so these're the opening and initial balance options for current session:
