Weekend:
• Schedule for Week of March 7, 2021
• The Employment Situation is Far Worse than the Unemployment Rate Indicates
Monday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 22 and DOW futures are up 216 (fair value).
Oil prices were up over the last week with WTI futures at $67.31 per barrel and Brent at $70.53 per barrel. A year ago, WTI was at $31, and Brent was at $35 – so WTI oil prices are UP more than double year-over-year (oil prices collapsed at the beginning of the pandemic).
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.77 per gallon. A year ago prices were at $2.36 per gallon, so gasoline prices are up $0.41 per gallon year-over-year.