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Sunday, June 11, 2023

Sunday Night Futures

by Calculated Risk on 6/11/2023 06:12:00 PM

Weekend:
Schedule for Week of June 11, 2023

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 down over the last week with WTI futures at $70.17 per barrel and Brent at $74.79 per barrel. A year ago, WTI was at $121, and Brent was at $127 - so WTI oil prices are down over 40% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.57 per gallon. A year ago, prices were at $5.02 per gallon, so gasoline prices are down $1.45 per gallon year-over-year.