Sunday, April 08, 2018

Sunday Night Futures

by Bill McBride on 4/08/2018 08:12:00 PM

Weekend:
Schedule for Week of Apr 8, 2018

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 10, and DOW futures are up 90 (fair value).

Oil prices were down over the last week with WTI futures at $62.16 per barrel and Brent at $67.24 per barrel.  A year ago, WTI was at $53, and Brent was at $55 - so oil prices are up about 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.65 per gallon. A year ago prices were at $2.39 per gallon - so gasoline prices are up 26 cents per gallon year-over-year.