by Bill McBride on 2/07/2016 10:52:00 PM
Sunday, February 07, 2016
• Schedule for Week of February 7, 2016
• Update: "Scariest jobs chart ever"
• At 10:00 AM ET, the Fed will release the monthly Labor Market Conditions Index (LMCI).
From CNBC: Pre-Market Data and Bloomberg futures: currently S&P futures are up 3 and DOW futures are up 15 (fair value).
Oil prices were down over the last week with WTI futures at $30.93 per barrel and Brent at $34.09 per barrel. A year ago, WTI was at $50, and Brent was at $55 - so prices are down about 40% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $1.74 per gallon (down over $0.40 per gallon from a year ago).