by Calculated Risk on 12/12/2021 07:24:00 PM
Weekend:
o Schedule for Week of December 12, 2021
o FOMC Preview: Accelerated Taper Announcement Expected
Monday:
o No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 10 and DOW futures are up 90 (fair value).
Oil prices were up over the last week with WTI futures at $72.55 per barrel and Brent at $75.92 per barrel. A year ago, WTI was at $47, and Brent was at $50 – so WTI oil prices are up 50% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.32 per gallon. A year ago prices were at $2.14 per gallon, so gasoline prices are up $1.18 per gallon year-over-year.
