by Calculated Risk on 5/19/2024 06:14:00 PM

Weekend:
• Schedule for Week of May 19, 2024

Monday:
• At 10:30 AM ET, Speech, Fed Vice Chair Philip Jefferson, U.S. Economic Outlook and Housing Price Dynamics, At the Mortgage Bankers Association (MBA) Secondary and Capital Markets Conference, New York, N.Y.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 6 and DOW futures are up 39 (fair value).

Oil prices were up over the last week with WTI futures at $80.06 per barrel and Brent at $83.98 per barrel. A year ago, WTI was at $72, 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 $3.57 per gallon. A year ago, prices were at $3.53 per gallon, so gasoline prices are up $0.04 year-over-year.