Outlook 06/12: Stock futures moved lower early Thursday as U.S. President Donald Trump threatened setting unilateral tariffs on trading partners in two weeks. The May producer price index, a measure of final demand prices in the U.S. economy, rose just 0.1% for the month after decreasing 0.2% in April. Economists had been looking for a 0.2% increase for last month. Market continues to wait for for more developments on trade, especially between the U.S. and China, as talks between the two countries have been a focal point this week. Trump said Wednesday he would be willing to extend a July 8 deadline for finishing trade talks with countries before higher U.S. levies take effect, but that the extensions may not be necessary. Red flag in jobless claims data as continuing claims, which run a week behind, rose 54,000 to 1.96 million, the highest since Nov. 13, 2021.
ESM25 (JUN2025): YVAH 6062 YPOC 6055 YVAL 6028 GAP 6029
/ES Plan: Yesterday market closed bearish, and overnight, after PPI data, continues on that way, moving below previous value, so these're the opening and initial balance options for current session:
