by Calculated Risk on 6/30/2024 07:54:00 PM

Weekend:
• Schedule for Week of June 30, 2024

• Final Look at Local Housing Markets in May and a Look Ahead to June Sales

Monday:
• At 10:00 AM ET, ISM Manufacturing Index for June. The consensus is for the ISM to be at 49.0, up from 48.7 in May. 

• Also at 10:00 AM, Construction Spending for May. The consensus is for a 0.3% increase in construction spending.

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

Oil prices were mixed over the last week with WTI futures at $81.54 per barrel and Brent at $85.00 per barrel. A year ago, WTI was at $71, and Brent was at $75 - so WTI oil prices are up about 15% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.48 per gallon. A year ago, prices were at $3.50 per gallon, so gasoline prices are down $0.02 year-over-year.