Monday, September 07, 2020

Monday Night Futures

by Calculated Risk on 9/07/2020 08:50:00 PM

Weekend:
Schedule for Week of September 6, 2020

A Pandemic Employment Model

Tuesday:
• At 6:00 AM ET, NFIB Small Business Optimism Index for August.

• At 3:00 PM, Consumer Credit from the Federal Reserve.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 9 and DOW futures are up 169 (fair value).

Oil prices were down over the last week with WTI futures at $39.13 per barrel and Brent at $42.05 barrel. A year ago, WTI was at $55, and Brent was at $61 - so WTI oil prices are down about 30% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.21 per gallon. A year ago prices were at $2.55 per gallon, so gasoline prices are down $0.34 per gallon year-over-year.