Sunday, January 28, 2024

Sunday Night Futures

Weekend:
Schedule for Week of January 28, 2024

FOMC Preview: No Change to Policy Expected

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

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 11 and DOW futures are down 91 (fair value).

Oil prices were up over the last week with WTI futures at $78.01 per barrel and Brent at $83.55 per barrel. A year ago, WTI was at $80, and Brent was at $85 - so WTI oil prices were down slightly year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.09 per gallon. A year ago, prices were at $3.50 per gallon, so gasoline prices are down $0.41 year-over-year.

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