Calculated Risk: Sunday Night Futures


by Calculated Risk on 7/07/2024 06:46:00 PM

Weekend:
• Schedule for Week of July 7, 2024

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 9 and DOW futures are down 59 (fair value).

Oil prices were higher over the last week with WTI futures at $83.16 per barrel and Brent at $86.54 per barrel. A year ago, WTI was at $74, and Brent was at $79 – so WTI oil prices are up about 12% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.47 per gallon. A year ago, prices were at $3.51 per gallon, so gasoline prices are down $0.04 year-over-year.



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