Calculated Risk: Sunday Night Futures

by Calculated Risk on 2/04/2024 07:07:00 PM

Weekend:
• Schedule for Week of February 4, 2024

Monday:
• At 10:00 AM ET, ISM Services Index for January.

• At 2:00 PM, Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS).

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

Oil prices were down over the last week with WTI futures at $72.85 per barrel and Brent at $78.00 per barrel. A year ago, WTI was at $73, and Brent was at $79 – so WTI oil prices were mostly unchanged year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.12 per gallon. A year ago, prices were at $3.44 per gallon, so gasoline prices are down $0.32 year-over-year.

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