by Calculated Risk on 10/16/2022 07:13:00 PM
o Schedule for Week of October 16, 2022
o At 8:30 AM ET, The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of -4.0, down from -1.5.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 15 and DOW futures are up 110 (fair value).
Oil prices were down over the last week with WTI futures at $86.18 per barrel and Brent at $92.32 per barrel. A year ago, WTI was at $82, and Brent was at $852 – so WTI oil prices are up 5% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.86 per gallon. A year ago, prices were at $3.30 per gallon, so gasoline prices are up $0.56 per gallon year-over-year.