by Bill McBride on 3/12/2017 07:46:00 PM
Sunday, March 12, 2017
• Schedule for Week of Mar 12, 2017
• Review of FOMC Projections
From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are down 3, and DOW futures are down 22 (fair value).
Oil prices were down about 10% over the last week with WTI futures at $48.01 per barrel and Brent at $50.90 per barrel. A year ago, WTI was at $36, and Brent was at $38 - so oil prices are up about 33% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.29 per gallon - a year ago prices were at $1.93 per gallon - so gasoline prices are up about 35 cents a gallon year-over-year.