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Sunday, June 25, 2023

Sunday Night Futures

by Calculated Risk on 6/25/2023 07:05:00 PM

Weekend:
Schedule for Week of June 25, 2023

Monday:
• At 10:30 AM ET, Dallas Fed Survey of Manufacturing Activity for June.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 6 and DOW futures are up 40 (fair value).

Oil prices were down over the last week with WTI futures at $69.16 per barrel and Brent at $73.85 per barrel. A year ago, WTI was at $109, and Brent was at $117 - so WTI oil prices are down about 37% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.56 per gallon. A year ago, prices were at $4.90 per gallon, so gasoline prices are down $1.34 per gallon year-over-year.