Sunday, June 07, 2020

Sunday Night Futures

by Calculated Risk on 6/07/2020 06:53:00 PM

Weekend:
Schedule for Week of June 7, 2020

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 10 and DOW futures are up 120 (fair value).

Oil prices were up over the last week with WTI futures at $39.72 per barrel and Brent at $42.69 barrel.  A year ago, WTI was at $53, and Brent was at $67 - so WTI oil prices are down about 25% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.03 per gallon. A year ago prices were at $2.75 per gallon, so gasoline prices are down $0.72 per gallon year-over-year.