Outlook 09/10: Stock futures tick higher on Wednesday after a reading on wholesale prices unexpectedly declined, a welcome development for investors clamoring for a Federal Reserve rate cut next week to boost the economy. The latest producer price index reading, which showed that wholesale prices fell 0.1% in August. Economists estimated a 0.3% gain. Core PPI, which excludes food and energy prices, likewise declined 0.1%, while the Dow Jones forecast called for 0.3%. The report serves as a positive sign regarding the state of inflation in the U.S. economy heading into Thursday’s more closely watched consumer price index reading. While traders see a certainty that the central bank will cut by at least a quarter point, they increased their bets following the PPI data that the Fed could make an even deeper cut to rates, by 50 basis points, or a half percentage point, per the CME Fedwatch tool.
ESU25 (SEP2025): YVAH 6518 YPOC 6514 YVAL 6502 GAP 6528
/ES Plan: Yesterday market closed bullish and overnight continues on that way, moving well above previous value/range, so these're the opening and initial balance options for current session: