at Calculated Risk on 11/03/2024 08:19:00 PM

Weekend:
• Schedule for Week of November 3, 2024

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 8 and DOW futures are down 168 (fair value).

Oil prices were down over the last week with WTI futures at $69.49 per barrel and Brent at $71.10 per barrel. A year ago, WTI was at $81, and Brent was at $88 – so WTI oil prices are down about 14% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.06 per gallon. A year ago, prices were at $3.40 per gallon, so gasoline prices are down $0.34 year-over-year.

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