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Sunday, February 25, 2024

Monday: New Home Sales

by Calculated Risk on 2/25/2024 09:23:00 PM

Schedule for Week of February 25, 2024

• At 10:00 AM ET, New Home Sales for January from the Census Bureau. The consensus is that new home sales increased to 675 thousand SAAR, up from 646 thousand in December.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for February.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 10 and DOW futures are down 60 (fair value).

Oil prices were down over the last week with WTI futures at $76.49 per barrel and Brent at $81.62 per barrel. A year ago, WTI was at $76, and Brent was at $82 - so WTI oil prices are unchanged year-over-year.

Here is a graph from for nationwide gasoline prices. Nationally prices are at $3.26 per gallon. A year ago, prices were at $3.33 per gallon, so gasoline prices are down $0.07 year-over-year.