Sunday, May 10, 2020

Sunday Night Futures

by Calculated Risk on 5/10/2020 07:20:00 PM

Weekend:
Schedule for Week of May 10, 2020

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 5 and DOW futures are up 50 (fair value).

Oil prices were up over the last week with WTI futures at $24.52 per barrel and Brent at $30.67 barrel.  A year ago, WTI was at $62, and Brent was at $72 - so WTI oil prices are down about 60% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $1.84 per gallon. A year ago prices were at $2.86 per gallon, so gasoline prices are down $1.02 per gallon year-over-year.