by Calculated Risk on 2/05/2023 06:15:00 PM
o Schedule for Week of February 5, 2023
o No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 13 and DOW futures are down 81 (fair value).
Oil prices were down over the last week with WTI futures at $73.39 per barrel and Brent at $79.94 per barrel. A year ago, WTI was at $92, and Brent was at $97 – so WTI oil prices are DOWN 20% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.43 per gallon. A year ago, prices were at $3.28 per gallon, so gasoline prices are up $0.15 per gallon year-over-year.