by Calculated Risk on 5/07/2023 11:53:00 PM

Weekend:
• Schedule for Week of May 7, 2023

Monday:
• At 2:00 PM ET Senior Loan Officer Opinion Survey on Bank Lending Practices for April.

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

Oil prices were down over the last week with WTI futures at $71.34 per barrel and Brent at $75.30 per barrel. A year ago, WTI was at $110, and Brent was at $114 - so WTI oil prices are down about 35% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.50 per gallon. A year ago, prices were at $4.28 per gallon, so gasoline prices are down $0.78 per gallon year-over-year.