by Calculated Risk on 5/12/2019 09:56:00 PM
Sunday, May 12, 2019
• Schedule for Week of May 12, 2019
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are down 22 and DOW futures are down 200 (fair value).
Oil prices were up over the last week with WTI futures at $61.58 per barrel and Brent at $70.73 per barrel. A year ago, WTI was at $71, and Brent was at $78 - so oil prices are down 10% to 15% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.85 per gallon. A year ago prices were at $2.86 per gallon, so gasoline prices are unchanged per gallon year-over-year.