• Schedule for Week of February 25, 2024
Monday:
• At 10:00 AM ET, New Home Sales for January from the Census Bureau. The consensus is that new home sales increased to 675 thousand SAAR, up from 646 thousand in December.
• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for February.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 10 and DOW futures are down 60 (fair value).
Oil prices were down over the last week with WTI futures at $76.49 per barrel and Brent at $81.62 per barrel. A year ago, WTI was at $76, and Brent was at $82 – so WTI oil prices are unchanged year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.26 per gallon. A year ago, prices were at $3.33 per gallon, so gasoline prices are down $0.07 year-over-year.