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Monday: ISM Mfg, Construction Spending

Summary:
Weekend:• Schedule for Week of May 31, 2020• Las Vegas Visitor Authority: "No Convention Attendance, Hotel Occupancy 1.7%" in April• May 2020: Unofficial Problem Bank list Increased to 65 InstitutionsMonday:• At 10:00 AM ET, ISM Manufacturing Index for May. The consensus is for the ISM to be at 43.0, up from 41.5 in April.• Also at 10:00 AM, Construction Spending for April. The consensus is for a 6.0% decrease in construction spending.From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 30 and DOW futures are down 228 (fair value).Oil prices were up over the last week with WTI futures at .20 per barrel and Brent at .60 barrel.  A year ago, WTI was at , and Brent was at - so WTI oil prices are about 33% year-over-year. Here is a graph from Gasbuddy.com for

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Weekend:
Schedule for Week of May 31, 2020

Las Vegas Visitor Authority: "No Convention Attendance, Hotel Occupancy 1.7%" in April

May 2020: Unofficial Problem Bank list Increased to 65 Institutions

Monday:
• At 10:00 AM ET, ISM Manufacturing Index for May. The consensus is for the ISM to be at 43.0, up from 41.5 in April.

• Also at 10:00 AM, Construction Spending for April. The consensus is for a 6.0% decrease in construction spending.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 30 and DOW futures are down 228 (fair value).

Oil prices were up over the last week with WTI futures at $35.20 per barrel and Brent at $37.60 barrel.  A year ago, WTI was at $53, and Brent was at $67 - so WTI oil prices are about 33% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $1.98 per gallon. A year ago prices were at $2.82 per gallon, so gasoline prices are down $0.84 per gallon year-over-year.

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