US PRE MARKET
The US Dollar Index are trading at 93.49 with a loss of -0.19% percent or -0.18 point. The cac 40 index are trading at 5,091.47 with a loss of –1.08% percent or -55.38 point . The DAX Index are trading at 12,143.39 with a loss of –0.49% percent or –60.07 point. The EURO Stoxx 50 Index are trading at 3,432.27 with a loss of –0.86% percent or -29.70 point.
TODAY’S FACTORS AND EVENTS
The yen was the major mover among the G10 group of developed world currencies on Friday, gaining another half percent against the dollar as nerves over stock market valuations and the future of an 8-year global rally seeped into other assets.
The euro had recovered all of the ground it lost after European Central Bank policymakers warned of an overshoot in the currency in the minutes on Thursday from last month’s policy meeting, trading 0.2 percent higher at $1.1748.
The dollar traded briefly below 109 yen per dollar before recovering to 109.13 yen. The dollar index, down almost a third of a percent in early trade had recovered to 93.508 by 0937 GMT, down 0.1 percent on the day.
PREVIOUS DAY ACTIVITY
U.S. market were higher on Thursday. For the day the Dow Jones Industrial Average closed at 21,750.73 with a loss of –1.24% percent or –274.14 point. The S&P 500 closed at 2,430.01 with a loss of –1.54% percent or –38.10 point. The Nasdaq Composite closed at 6,221.91 with a loss of –1.94% percent or –123.19 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,358.94 with a loss of -1.78% percent or -24.59 point; the S&P 600 Small-Cap Index closed at 819.83 with a loss of –1.87% percent or –15.66 point; the S&P 400 Mid-Cap Index closed at 1,696.14 with a loss of –1.72% percent or –29.69 point; the S&P 100 Index closed at 1,076.11 with a loss of –1.51% percent or –16.47 point; the Russell 3000 Index closed at 1,434.04 with a loss of –1.56% percent or –22.72 point; the Russell 1000 Index closed at 1,345.14 with a loss of –1.54% percent or –21.07 point; and the Dow Jones U.S. Select Dividend Index closed at 21,750.73 with a loss of –1.24% percent or –274.14 point.