by Bill McBride on 6/05/2016 07:10:00 PM
Sunday, June 05, 2016
Fed Chair Janet Yellen will speak on Monday at 12:30 PM ET. The speech may be viewed here live. This will be a key speech following the disappointing jobs report on Friday.
• At 10:00 AM ET, The Fed will release the monthly Labor Market Conditions Index (LMCI).
• At 12:30 PM ET, Speech by Fed Chair Janet Yellen, Economic Outlook and Monetary Policy, To the World Affairs Council of Philadelphia, Philadelphia, Pa.
• Schedule for Week of June 5, 2016
From CNBC: Pre-Market Data and Bloomberg futures: S&P and DOW futures are up slightly (fair value).
Oil prices were down over the last week with WTI futures at $48.89 per barrel and Brent at $49.64 per barrel. A year ago, WTI was at $59, and Brent was at $60 - so prices are down almost 20% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.36 per gallon (down about $0.40 per gallon from a year ago).