• Schedule for Week of July 14, 2024
Monday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for July. The consensus is for a reading of -6.0, unchanged from -6.0.
• At 12:30 PM, Discussion, Fed Chair Jerome Powell, Conversation with David M. Rubenstein, Chairman of the Economic Club of Washington, D.C.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 1 and DOW futures are up 43 (fair value).
Oil prices were higher over the last week with WTI futures at $82.21 per barrel and Brent at $85.03 per barrel. A year ago, WTI was at $75, and Brent was at $80 – so WTI oil prices are up about 10% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.50 per gallon. A year ago, prices were at $3.54 per gallon, so gasoline prices are down $0.04 year-over-year.