Outlook 07/30: Stock futures rebound from Fed day sell-off, led by Microsoft and chip stocks. Investors monitored the bond market, with the 30-year yield hovering near 2007 highs after the Fed’s decision to keep rates unchanged. It jumped 6 basis points above 5.2%. Inflation remained above the Fed’s target. The latest personal consumption expenditures price index falling a seasonally adjusted 0.1% for the month, and 3.7% for the year, in line with the consensus. But core PCE, which excludes food and energy, showed a monthly increase of 0.1% and an annual level of 3.3%. Economists were anticipating respective forecasts for 0.2% and 3.3%. One of the busiest weeks of corporate earnings continues Thursday, with Amazon, Apple and Coinbase set to report after the close.
ESU26 (Sep2026): YVAH 7466 YPOC 7410 YVAL 7386 GAP 7336
/ES Plan: Yesterday market closed bearish, but overnight looks bullish (PBT 7418), still moving within value/range, so these're the opening and initial balance options for current session:
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