Calculated Risk: Sunday Night Futures

by Calculated Risk on 2/11/2024 11:23:00 PM

Weekend:
• Schedule for Week of February 11, 2024

Monday:
• No major economic releases scheduled.

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

Oil prices were up over the last week with WTI futures at $76.84 per barrel and Brent at $82.19 per barrel. A year ago, WTI was at $80, and Brent was at $85 – so WTI oil prices were down slightly year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.18 per gallon. A year ago, prices were at $3.39 per gallon, so gasoline prices are down $0.21 year-over-year.

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