by Calculated Risk on 1/04/2026 06:13:00 PM

Weekend:
• Schedule for Week of January 4, 2026

Monday:
• Early, Light vehicle sales for December. The consensus is for 15.5 million SAAR in December, down from 15.6 million SAAR in November (Seasonally Adjusted Annual Rate).

• At 10:00 AM ET, ISM Manufacturing Index for December.  The consensus is for 48.3%, up from 48.2%.

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

Oil prices were moxed over the last week with WTI futures at $57.32 per barrel and Brent at $60.75 per barrel. A year ago, WTI was at $75, and Brent was at $77 - so WTI oil prices are down about 24% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.77 per gallon. A year ago, prices were at $3.04 per gallon, so gasoline prices are down $0.27 year-over-year.