Outlook 09/10: Stock futures fell on Thursday after U.S. oil prices topped $100 a barrel, amid growing fears of higher inflation from a prolonged war in the Middle East. The jump in oil prices pushed the 10-year Treasury yield above 4.9%, the highest level since November 2023. August’s producer price index, a measure of wholesale inflation, rose a seasonally adjusted 0.4% for the month, in line with the Dow Jones consensus. On an annual basis, that put PPI at 5.4%, which is still well above the Fed’s 2% inflation target and 0.1 percentage point higher than expected. The report comes ahead of the closely watched consumer price index on Friday. Both numbers feed into the Fed’s primary inflation gauge, the personal consumption expenditures price index, which won’t be released until after the Fed’s interest rate vote Sep 16th.
ESU26 (Sep2026): YVAH 7660 YPOC 7650 YVAL 7642 GAP 7646 IVR 95
/ES Plan: Yesterday market closed bearish, and overnight continues on that way, moving well below value/range, so these're the opening and initial balance options for current session:
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