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Sunday, August 18, 2024

Sunday Night Futures

by Calculated Risk on 8/18/2024 06:46:00 PM

Weekend:
Schedule for Week of August 18, 2024

Monday:
• No major economic releases scheduled.

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 mostly unchanged over the last week with WTI futures at $76.65 per barrel and Brent at $79.68 per barrel. A year ago, WTI was at $81, and Brent was at $86 - so WTI oil prices are down about 5% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.38 per gallon. A year ago, prices were at $3.84 per gallon, so gasoline prices are down $0.43 year-over-year.