Sunday, April 11, 2021

Sunday Night Futures

by Calculated Risk on 4/11/2021 07:27:00 PM

Weekend:
Schedule for Week of April 11, 2021

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 5 and DOW futures are down 20 (fair value).

Oil prices were down over the last week with WTI futures at $59.32 per barrel and Brent at $62.95 per barrel. A year ago, WTI was at $22, and Brent was at $20 - so WTI oil prices are UP sharply year-over-year (oil prices collapsed at the beginning of the pandemic).

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.84 per gallon. A year ago prices were at $1.84 per gallon, so gasoline prices are up $1.00 per gallon year-over-year.