Sunday, April 05, 2020

Sunday Night Futures

by Calculated Risk on 4/05/2020 06:49:00 PM

Weekend:
Schedule for Week of April 5, 2020

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 37 and DOW futures are up 275 (fair value).

Oil prices were up over the last week with WTI futures at $26.19 per barrel and Brent at $31.97 barrel.  A year ago, WTI was at $63, and Brent was at $70 - so oil prices are down by more than 50% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $1.92 per gallon. A year ago prices were at $2.73 per gallon, so gasoline prices are down 81 cents per gallon year-over-year.