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Sunday, May 12, 2024

Sunday Night Futures

by Calculated Risk on 5/12/2024 08:09:00 PM

Weekend:
Schedule for Week of May 12, 2024

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 $78.26 per barrel and Brent at $82.79 per barrel. A year ago, WTI was at $70, and Brent was at $75 - so WTI oil prices are up about 10% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.60 per gallon. A year ago, prices were at $3.53 per gallon, so gasoline prices are up $0.07 year-over-year.