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Tuesday: CoreLogic House Prices, ISM Services

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by Calculated Risk on 9/05/2022 07:03:00 PM

Weekend:
o Schedule for Week of September 4, 2022

Tuesday:
o At 8:00 AM ET, Corelogic House Price index for July

o At 10:00 AM, the ISM Services Index for August. The consensus is for a reading of 55.5, down from 56.7.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 19 and DOW futures are up 162 (fair value).

Oil prices were down over the last week with WTI futures at $88.93 per barrel and Brent at $95.74 per barrel. A year ago, WTI was at $69, and Brent was at $73 – so WTI oil prices are up 40% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.75 per gallon. A year ago, prices were at $3.17 per gallon, so gasoline prices are up $0.58 per gallon year-over-year.

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