by Calculated Risk on 1/01/2024 06:11:00 PM

Weekend:
• Schedule for Week of December 31, 2023

Tuesday:
• At 10:00 AM ET, Construction Spending for November. The consensus is for a 0.5% increase in construction spending.

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

Oil prices were down over the last week with WTI futures at $71.65 per barrel and Brent at $77.04 per barrel. A year ago, WTI was at $80, and Brent was at $83 - so WTI oil prices were down 10% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.05 per gallon. A year ago, prices were at $3.16 per gallon, so gasoline prices are down $0.11 year-over-year.