Sunday, April 23, 2017

Sunday Night Futures

by Bill McBride on 4/23/2017 07:54:00 PM

Weekend:
Schedule for Week of Apr 23, 2017

Monday:
• At 8:30 AM ET, Chicago Fed National Activity Index for March. This is a composite index of other data.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for April.

From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are up 24 and DOW futures are up 187 (fair value) due to the outcome of the election in France (and early polls).

Oil prices were down over the last week with WTI futures at $49.83 per barrel and Brent at $52.27 per barrel.  A year ago, WTI was at $43, and Brent was at $44 - so oil prices are up about 15% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.42 per gallon - a year ago prices were at $2.14 per gallon - so gasoline prices are up about 28 cents a gallon year-over-year.