Outlook 07/22: Stock futures fell on Thursday, as oil prices surged amid escalating conflict in the Middle East, while investors weighed quarterly results from two of the largest companies in the world. Oil prices put more pressure on stocks, as they soared after Yemen’s Tehran-backed Houthi militant group claimed attacks on two Saudi Arabian tankers in the Red Sea, fueling concerns about an expansion of the conflict in the Middle East. Crude WTI futures advanced 4% to above $90 per barrel. Equities were also weighed down by a 5% slide in Alphabet after the Google parent lifted its forecast for 2026 capital expenditures to as high as $205 billion, pointing to strong artificial intelligence demand. Additionally, Tesla tumbled more than 7%, after the electric vehicle maker posted a big earnings miss for the second quarter.
ESU26 (Sep2026): YVAH 7556 YPOC 7543 YVAL 7533 GAP 7553
/ES Plan: Yesterday market closed bullish, but overnight inventory looks 100% bearish, moving well below previous value/range, so these're the opening and initial balance options for current session:
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