by Calculated Risk on 12/29/2024 07:18:00 PM

Weekend:
• Schedule for Week of December 29, 2024

Monday:
• At 9:45 AM, Chicago Purchasing Managers Index for December.

• At 10:00 AM, Pending Home Sales Index for November. The consensus is for a 0.7% increase in the index.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for December. This is the last of regional manufacturing surveys for December.

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

Oil prices were up over the last week with WTI futures at $70.43 per barrel and Brent at $73.80 per barrel. A year ago, WTI was at $72, and Brent was at $78 - so WTI oil prices are down slighty year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.98 per gallon. A year ago, prices were at $3.11 per gallon, so gasoline prices are down $0.13 year-over-year.