by Calculated Risk on 8/07/2022 08:01:00 PM

Weekend:
• Schedule for Week of August 7, 2022

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 11 and DOW futures are down 70 (fair value).

Oil prices were down over the last week with WTI futures at $89.01 per barrel and Brent at $94.92 per barrel. A year ago, WTI was at $68, and Brent was at $71 - so WTI oil prices are up 30% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.03 per gallon. A year ago, prices were at $3.16 per gallon, so gasoline prices are up $0.87 per gallon year-over-year.