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Sunday, June 16, 2024

Sunday Night Futures

by Calculated Risk on 6/16/2024 09:07:00 PM

Weekend:
Schedule for Week of June 16, 2024

Monday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for June. The consensus is for a reading of -13.0, up from -15.6.

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

Oil prices were up over the last week with WTI futures at $78.45 per barrel and Brent at $82.62 per barrel. A year ago, WTI was at $72, and Brent was at $77 - so WTI oil prices are up about 8% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.43 per gallon. A year ago, prices were at $3.55 per gallon, so gasoline prices are down $0.12 year-over-year.