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Sunday, March 28, 2021

Sunday Night Futures

by Calculated Risk on 3/28/2021 07:50:00 PM

Weekend:
Schedule for Week of March 28, 2021

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

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 11 and DOW futures are down 57 (fair value).

Oil prices were mostly unchanged over the last week with WTI futures at $60.73 per barrel and Brent at $64.38 per barrel. A year ago, WTI was at $15, and Brent was at $22 - so WTI oil prices are UP sharply year-over-year (oil prices collapsed at the beginning of the pandemic).

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.85 per gallon. A year ago prices were at $1.97 per gallon, so gasoline prices are up $0.88 per gallon year-over-year.