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Sunday Night Futures

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by Calculated Risk on 5/15/2022 07:24:00 PM

Weekend:
o Schedule for Week of May 15, 2022

Monday:
o At 8:30 AM ET, The New York Fed Empire State manufacturing survey for May. The consensus is for a reading of 17.0, down from 24.6.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 12 and DOW futures are up 84 (fair value).

Oil prices were up over the last week with WTI futures at $111.19 per barrel and Brent at $112.21 per barrel. A year ago, WTI was at $66 and Brent was at $70 – so WTI oil prices are up 70% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.46 per gallon. A year ago prices were at $3.02 per gallon, so gasoline prices are up $1.44 per gallon year-over-year.

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