Weekend: • Schedule for Week of January 26, 2025 Monday: • At 8:30 AM ET, Chicago Fed National Activity Index for December. This is a composite index of other data. • At 10:00 AM, New Home Sales for December from the Census Bureau. The consensus is for 670 thousand SAAR, up from 664 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 35 and DOW futures are down 115 (fair value). Oil prices were up over the last week with WTI futures at $74.66 per barrel and Brent at $78.50 per barrel. A year ago, WTI was at $78, and Brent was at $83 - so WTI oil prices are down about 5% year-over-year. Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.11 per gallon. A year ago, prices were at $3.11 per gallon, so gasoline prices are unchanged year-over-year.
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