Weekend:
• Schedule for Week of September 29, 2024
Monday:
• At 9:45 AM ET, Chicago Purchasing Managers Index for September. The consensus is for a reading of 46.5, up from 46.1 in August.
• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for September.
• At 1:55 PM, Speech, Fed Chair Jerome Powell, Economic Outlook, At the National Association for Business Economics (NABE) Annual Meeting, Nashville, Tenn
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and DOW futures are mostly unchanged (fair value).
Oil prices were down over the last week with WTI futures at $68.01 per barrel and Brent at $71.86 per barrel. A year ago, WTI was at $91, and Brent was at $96 - so WTI oil prices are down about 25% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.18 per gallon. A year ago, prices were at $3.82 per gallon, so gasoline prices are down $0.64 year-over-year.
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