by Calculated Risk on 3/17/2024 09:05:00 PM

Weekend:
• Schedule for Week of March 17, 2024

Monday:
• At 10:00 AM ET, The March NAHB homebuilder survey. The consensus is for a reading of 48, unchanged from 48.  Any number below 50 indicates that more builders view sales conditions as poor than good.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 5 and DOW futures are down 27 (fair value).

Oil prices were up over the last week with WTI futures at $81.14 per barrel and Brent at $85.40 per barrel. A year ago, WTI was at $67, and Brent was at $71 - so WTI oil prices are up 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.44 per gallon. A year ago, prices were at $3.40 per gallon, so gasoline prices are up $0.04 year-over-year.