Sunday, June 10, 2018

Sunday Night Futures

by Bill McBride on 6/10/2018 08:11:00 PM

Weekend:
Schedule for Week of June 10, 2018

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are down 5, and DOW futures are down 30 (fair value).

Oil prices were down slightly over the last week with WTI futures at $65.55 per barrel and Brent at $76.32 per barrel.  A year ago, WTI was at $46, and Brent was at $47 - 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 $2.92 per gallon. A year ago prices were at $2.33 per gallon - so gasoline prices are up 59 cents per gallon year-over-year.