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Sunday, June 06, 2021

Sunday Night Futures

by Calculated Risk on 6/06/2021 07:58:00 PM

Weekend:
Schedule for Week of June 6, 2021

Monday:
• No major economic releases scheduled.

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

Oil prices were up over the last week with WTI futures at $69.66 per barrel and Brent at $71.89 per barrel. A year ago, WTI was at $39, and Brent was at $41 - so WTI oil prices are UP almost 75% 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 $3.05 per gallon. A year ago prices were at $2.02 per gallon, so gasoline prices are up $1.03 per gallon year-over-year.