by Calculated Risk on 5/04/2025 06:13:00 PM

Weekend:
• Schedule for Week of May 4, 2025

Monday:
• At 10:00 AM ET, the ISM Services Index for April.   The consensus is for a reading of 50.6, down from 50.8.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 12 and DOW futures are down 80 (fair value).

Oil prices were down over the last week with WTI futures at $58.29 per barrel and Brent at $61.29 per barrel. A year ago, WTI was at $80, and Brent was at $84 - so WTI oil prices are down about 27% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.14 per gallon. A year ago, prices were at $3.63 per gallon, so gasoline prices are down $0.49 year-over-year.

Weekly Schedule