# Weekend Market Outlook and Oil Prices S&P 500 and DOW futures decline, annual drop in oil prices continues. - **Source:** [Calculated Risk](https://www.calculatedriskblog.com) - **Published:** 2026-01-12 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/6bcc5858-8368-4efb-bfaa-741b95a0195b ## Weekend Market Movements S&P 500 and DOW futures saw a decline over the weekend. S&P 500 futures dropped 16 points, while DOW futures fell 104 points. This indicates cautious investor sentiment heading into the new week. ## Changes in Oil Prices WTI oil prices are at $59.37, and Brent oil prices are at $63.60. Compared to last year, WTI prices are down 24%, and Brent prices are down approximately 20%. This decline reflects global demand and supply imbalances. ## Drop in Gasoline Prices Nationwide gasoline prices in the U.S. fell to $2.74 per gallon. Last year at this time, prices were at $3.03 per gallon, marking a $0.29 annual decrease. This is positive news for consumers. ## Impact of Economic Data With no major economic data releases scheduled for the upcoming week, market activity may remain limited. Investors are assessing the implications of the drop in oil prices. ## Oil and Market Relationship The decline in oil prices could negatively impact the stock performance of energy sector companies. However, lower energy costs may create opportunities for other sectors. Markets are closely watching this balance. ## Implications for Investors The drop in oil prices and the retreat in futures suggest investors should reconsider portfolio diversification. Volatility in the energy sector may make alternative investment options more attractive. ## Sources covering this story - http://www.calculatedriskblog.com/2026/01/sunday-night-futures_11.html — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._