by Calculated Risk on 7/08/2018 06:39:00 PM
Sunday, July 08, 2018
• Schedule for Week of July 8, 2018
• At 3:00 PM ET, Consumer Credit from the Federal Reserve. The consensus is for consumer credit to increase $12.4 billion in May.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 4, and DOW futures are up 45 (fair value).
Oil prices were mixed over the last week with WTI futures at $73.96 per barrel and Brent at $77.29 per barrel. A year ago, WTI was at $44, and Brent was at $47 - so oil prices are up about 65% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.86 per gallon. A year ago prices were at $2.26 per gallon - so gasoline prices are up 60 cents per gallon year-over-year.