Outlook 08/19: Stock futures tick lower Tuesday as new earnings from major retailers began to roll in, while traders looked ahead to a key speech from Federal Reserve Chair Jerome Powell later in the week. The Fed will continue to be in focus this week as central bank members travel to Jackson Hole, Wyoming, for the annual economic policy symposium. Investors expect the Federal Reserve to use Jackson Hole as an opportunity to prepare the markets and signal towards a 25 basis point cut in September and a potentially accommodating stance through year-end. Fed funds futures are pricing in a nearly 85% likelihood that the central bank cuts rates at its next policy meeting in September.
ESU25 (SEP2025): YVAH 6471 YPOC 6469 YVAL 6463 GAP 64698
/ES Plan: Yesterday market closed balanced, and overnight continues on that way, moving within previous value, so these're the opening and initial balance options for current session:
