by Calculated Risk on 5/21/2023 07:10:00 PM

Weekend:
• Schedule for Week of May 21, 2023

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 8 and DOW futures are down 58 (fair value).

Oil prices were up over the last week with WTI futures at $71.55 per barrel and Brent at $75.58 per barrel. A year ago, WTI was at $113, and Brent was at $114 - so WTI oil prices are down about 37% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.52 per gallon. A year ago, prices were at $4.58 per gallon, so gasoline prices are down $1.06 per gallon year-over-year.