by Calculated Risk on 1/02/2023 07:08:00 PM
o Schedule for Week of January 1, 2023
o At 8:00 AM ET, Corelogic House Price index for November.
o At 10:00 AM: Construction Spending for November. The consensus is for a 0.4% decrease in construction spending.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 8, and DOW futures are up 75 (fair value).
Oil prices were mixed over the last week with WTI futures at $80.26 per barrel and Brent at $85.91 per barrel. A year ago, WTI was at $76, and Brent was at $78 – so WTI oil prices are up 4% 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 $3.26 per gallon, so gasoline prices are down $0.08 per gallon year-over-year.