Sunday, October 21, 2018

Sunday Night Futures

by Bill McBride on 10/21/2018 08:09:00 PM

Weekend:
Schedule for Week of October 21, 2018

Monday:
• At 8:30 AM ET, Chicago Fed National Activity Index for September. This is a composite index of other data.

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

Oil prices were down over the last week with WTI futures at $69.25 per barrel and Brent at $79.87 per barrel.  A year ago, WTI was at $52, and Brent was at $58 - so oil prices are up about 35% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.84 per gallon. A year ago prices were at $2.44 per gallon, so gasoline prices are up 40 cents per gallon year-over-year.