by Calculated Risk on 10/08/2023 06:16:00 PM

Weekend:
• Schedule for Week of October 8, 2023

Monday:
Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open.

• At 1:30 PM: Speech, Fed Vice Chair Philip Jefferson, U.S. Economic Outlook and Monetary Policy Transmission, At the 65th National Association for Business Economics (NABE) Annual Meeting, Dallas, Texas

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 29 and DOW futures are down 199 (fair value).

Oil prices were down over the last week (Prior to the attack on Israel) with WTI futures at $84.58 per barrel and Brent at $92.20 per barrel. A year ago, WTI was at $93, and Brent was at $99 - so WTI oil prices were down about 0% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.67 per gallon. A year ago, prices were at $3.94 per gallon, so gasoline prices are down $0.27 year-over-year.