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Sunday, October 01, 2023

Monday: ISM Manufacturing, Construction Spending

by Calculated Risk on 10/01/2023 07:06:00 PM

Schedule for Week of October 1, 2023

• At 10:00 AM ET, ISM Manufacturing Index for September. The consensus is for a reading of 47.8, up from 47.6 in August. 

• Also at 10:00 AM Construction Spending for August. The consensus is for a 0.5% increase.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 16 and DOW futures are up 110 (fair value).

Oil prices were mixed over the last week with WTI futures at $90.79 per barrel and Brent at $92.20 per barrel. A year ago, WTI was at $80, and Brent was at $89 - so WTI oil prices are up about 14% year-over-year.

Here is a graph from for nationwide gasoline prices. Nationally prices are at $3.79 per gallon. A year ago, prices were at $3.77 per gallon, so gasoline prices are up $0.02 year-over-year.