Sunday, September 08, 2024

Sunday Night Futures

Weekend:
Schedule for Week of September 8, 2024

House Price Weekend: Case-Shiller: National House Price Index Up 5.4% year-over-year in June

Inflation Adjusted House Prices 1.6% Below 2022 Peak

Freddie Mac House Price Index Increased Slightly in July; Up 4.4% Year-over-year

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 4 and DOW futures are down 32 (fair value).

Oil prices were up mostly unchanged over the last week with WTI futures at $67.67 per barrel and Brent at $71.06 per barrel. A year ago, WTI was at $88, and Brent was at $92 - so WTI oil prices are down about 24% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.24 per gallon. A year ago, prices were at $3.80 per gallon, so gasoline prices are down $0.56 year-over-year.

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