by Calculated Risk on 7/09/2023 08:50:00 PM

NOTE: Follow on threads at calculatedriskblog

Weekend:
• Schedule for Week of July 9, 2023

Monday:
• No major economic releases scheduled.

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 $73.51 per barrel and Brent at $78.13 per barrel. A year ago, WTI was at $107, and Brent was at $114 - 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 $3.50 per gallon. A year ago, prices were at $4.68 per gallon, so gasoline prices are down $1.18 per gallon year-over-year.