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Sunday, March 24, 2024

Monday: New Home Sales

by Calculated Risk on 3/24/2024 07:24:00 PM

Weekend:
Schedule for Week of March 24, 2024

Monday:
• At 8:30 AM ET, Chicago Fed National Activity Index for February. This is a composite index of other data.

• At 10:00 AM, New Home Sales for February from the Census Bureau. The consensus is for 673 thousand SAAR, up from 661 thousand in January.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 4 and DOW futures are down 47 (fair value).

Oil prices were down over the last week with WTI futures at $80.63 per barrel and Brent at $85.43 per barrel. A year ago, WTI was at $69, and Brent was at $74 - so WTI oil prices are up 17% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.53 per gallon. A year ago, prices were at $3.41 per gallon, so gasoline prices are up $0.12 year-over-year.