Outlook 07/28: Stock futures rise but were off their highs Monday as investors showed limited enthusiasm over a trade deal announced between the U.S. and the European Union. President Donald Trump announced Sunday that the U.S. has reached an agreement with the European Union to lower tariffs to 15%. The president had previously threatened 30% tariffs on most imported goods from the U.S.’s largest trading partner. Though there is little on the economic docket Monday, the rest of the week holds a variety of pivotal releases. The Fed will hold its two-day policy meeting, concluding on Wednesday. Tariffs and their effect on inflation will remain in focus on Thursday as traders get the June personal consumption expenditures price index. Investors will also get a batch of jobs-related data this week, including the Job Openings and Labor Turnover Survey, or JOLTS, on Tuesday, ADP’s private payrolls report on Wednesday, initial jobless claims Thursday and, on Friday, the critical July jobs report.
ESU25 (SEP2025): YVAH 6431 YPOC 6418 YVAL 6411 GAP 6425
/ES Plan: Last session market closed bullish, but overnight, after new ON-ATH, turns bearish, still moving above previous value/range, so these're the opening and initial balance options for current session:
