Outlook 02/13: Stock futures are slightly higher as investors try to shake off inflation and tariff concerns. The latest producer price index, which measures what producers get for their goods and services, reflected a 0.4% increase for January. That’s higher than the consensus estimate for 0.3%. Core PPI, which excludes food and energy, was up 0.3% for the month and in-line with the forecast, helping ease sentiment. Investors are also grappling with rising global trade tension. On Wednesday, the White House said President Donald Trump would impose reciprocal tariffs on imported goods before meeting with Indian Prime Minister Narendra Modi. Trump posted on Truth Social that there will be a “news conference on reciprocal tariffs” at 1pm ET on Thursday.
ESH25 (MAR2025): YVAH 6081 YPOC 6075 YVAL 6046 GAP 6073.50
/ES Plan: Yesterday market closed bullish (PBT 6130), and overnight, after PPI data, looks bimodal bullish, moving a few ticks above previous value, so these're the opening and initial balance options for current session:
