Monday, January 20, 2020

Monday Night Futures

by Calculated Risk on 1/20/2020 06:28:00 PM

Weekend:
Schedule for Week of January 19, 2020

Tuesday:
• No major economic releases scheduled.

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

Oil prices were up slightly over the last week with WTI futures at $58.82 per barrel and Brent at $65.20 barrel.  A year ago, WTI was at $53, and Brent was at $62 - so oil prices are up 5% to 10% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.55 per gallon. A year ago prices were at $2.24 per gallon, so gasoline prices are up 31 cents per gallon year-over-year.