Outlook 02/11: Stock futures tick lower Tuesday as investors looked ahead to testimony from Federal Reserve Chairman Jerome Powell, while they fret over a possible escalation in global trade tensions. The central bank leader first will address the Senate Banking Committee on Tuesday, followed by an appearance the next day in front of the House Financial Services Committee. Both events will start at 10 a.m. ET and will begin with prepared remarks from Powell. Powell’s testimony comes at a volatile time in Washington with President Donald Trump favoring tariffs against U.S. trading partners and with mixed messages coming from the administration on its approach to the Fed.
ESH25 (MAR2025): YVAH 6094 YPOC 6089 YVAL 6079 GAP 6084
/ES Plan: Yesterday market closed bullish, but overnight looks bearish (PBT 6051), moving below previous value, so these're the opening and initial balance options for current session:
