by Calculated Risk on 7/12/2020 06:39:00 PM
Sunday, July 12, 2020
Sunday Night Futures
Weekend:
• Schedule for Week of July 12, 2020
Monday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 20 and DOW futures are up 199 (fair value).
Oil prices were down over the last week with WTI futures at $40.25 per barrel and Brent at $42.93 barrel. A year ago, WTI was at $57, and Brent was at $64 - so WTI oil prices are down about 30% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.19 per gallon. A year ago prices were at $2.79 per gallon, so gasoline prices are down $0.60 per gallon year-over-year.