Sunday, June 03, 2018

Sunday Night Futures

by Bill McBride on 6/03/2018 08:22:00 PM

Weekend:
Schedule for Week of June 3, 2018

Monday:
• No major economic releases scheduled.

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

Oil prices were down over the last week with WTI futures at $65.83 per barrel and Brent at $76.54 per barrel.  A year ago, WTI was at $48, and Brent was at $48 - so oil prices are up about 50% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.95 per gallon. A year ago prices were at $2.37 per gallon - so gasoline prices are up 58 cents per gallon year-over-year.