• At 10:00 AM ET, the ISM non-Manufacturing Index for August. The consensus is for the index to decrease to 55.0 from 55.5 in July.
• Also at 10:00 AM, The Fed will release the monthly Labor Market Conditions Index (LMCI).
• Schedule for Week of Sept 4, 2016
Oil prices were down over the last week with WTI futures at $45.05 per barrel and Brent at $47.63 per barrel. A year ago, WTI was at $46, and Brent was at $49 – so prices are down slightly year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.20 per gallon (down over $0.20 per gallon from a year ago).