• Schedule for Week of January 26, 2020
Monday:
• At 10:00 AM ET, New Home Sales for December from the Census Bureau. The consensus is for 730 thousand SAAR, up from 719 thousand in November.
• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for January.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are down 49 and DOW futures are down 235 (fair value).
Oil prices were down over the last week with WTI futures at $52.87 per barrel and Brent at $59.40 barrel. A year ago, WTI was at $52, and Brent was at $59 - so oil prices are mostly unchanged year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.51 per gallon. A year ago prices were at $2.26 per gallon, so gasoline prices are up 25 cents per gallon year-over-year.
from Calculated Risk https://ift.tt/2RudFS4
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