Sunday, October 15, 2017

Sunday Night Futures

by Bill McBride on 10/15/2017 08:00:00 PM

Weekend:
Schedule for Week of Oct 15, 2017

Monday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 20.0, down from 24.4.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 future are up 4 and DOW futures are up 30 (fair value).

Oil prices were up over the last week with WTI futures at $51.80 per barrel and Brent at $57.72 per barrel.  A year ago, WTI was at $50, and Brent was at $49 - so oil prices are up year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.45 per gallon. A year ago prices were at $2.25 per gallon - so gasoline prices are up 20 cents per gallon year-over-year.