Sunday, May 21, 2017

Sunday Night Futures

by Bill McBride on 5/21/2017 08:09:00 PM

Weekend:
Schedule for Week of May 21, 2017

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

From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are up 3, and DOW futures are up 19(fair value).

Oil prices were up over the last week with WTI futures at $50.73 per barrel and Brent at $53.61 per barrel.  A year ago, WTI was at $48, and Brent was at $49 - so oil prices are up about 5% to 8% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.36 per gallon - a year ago prices were at $2.29 per gallon - so gasoline prices are up about 7 cents a gallon year-over-year.