Outlook 02/27: Stock futures fell into the red Thursday after President Trump said Canada and Mexico tariffs would go on as planned and an additional tariff would be placed on China. Trump in a post on Truth Social said the proposed tariffs of 25% on Mexico and Canada will take effect on March 4 because the countries had yet to curb the flow of drugs over the border by enough. The president added that an additional 10% tariff on China would be added on top of the 10% levy already in place. Traders are now looking ahead to Friday’s personal consumption expenditures price index, Federal Reserve preferred inflation gauge.
ESH25 (MAR2025): YVAH 6023 YPOC 6016 YVAL 5973 GAP 5975
/ES Plan: Yesterday market closed bearish, but overnight, after Trump, still looks bullish (PBT 6052), moving within previous value, so these're the opening and initial balance options for current session:
