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Monday: ISM Manufacturing, Construction Spending

Summary:
Weekend:• Schedule for Week of February 28, 2021Monday:• At 10:00 AM ET, ISM Manufacturing Index for January. The consensus is for the ISM to be at 58.9, up from 58.7 in January. • Also at 10:00 AM, Construction Spending for December. The consensus is for a 0.7% increase in construction spending.From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 28 and DOW futures are up 208 (fair value).Oil prices were up over the last week with WTI futures at .22 per barrel and Brent at .11 barrel. A year ago, WTI was at , and Brent was at - so WTI oil prices are UP about 45% year-over-year. Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at .73 per gallon. A year ago prices were at .43 per gallon, so gasoline prices are up

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Weekend:
Schedule for Week of February 28, 2021

Monday:
• At 10:00 AM ET, ISM Manufacturing Index for January. The consensus is for the ISM to be at 58.9, up from 58.7 in January. 

• Also at 10:00 AM, Construction Spending for December. The consensus is for a 0.7% increase in construction spending.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 28 and DOW futures are up 208 (fair value).

Oil prices were up over the last week with WTI futures at $62.22 per barrel and Brent at $65.11 barrel. A year ago, WTI was at $45, and Brent was at $51 - so WTI oil prices are UP about 45% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.73 per gallon. A year ago prices were at $2.43 per gallon, so gasoline prices are up $0.30 per gallon year-over-year.

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