Sunday, November 05, 2017

Sunday Night Futures

by Bill McBride on 11/05/2017 08:06:00 PM

Something to watch: What is happening in Saudi Arabia?

Weekend:
Schedule for Week of Nov 5, 2017

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 and DOW futures are down slightly (fair value).

Oil prices were up over the last week with WTI futures at $55.82 per barrel and Brent at $62.27 per barrel.  A year ago, WTI was at $44, and Brent was at $43 - so oil prices are up solidly year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.53 per gallon. A year ago prices were at $2.22 per gallon - so gasoline prices are up 31 cents per gallon year-over-year.