US PRE MARKET
The US Dollar Index are trading at 93.29 for up with +0.10% percent or +0.09 point. The cac 40 index are trading at 5,128.58 for up with +0.26% percent or +13.20 point . The DAX Index are trading at 12,216.51 for up with +0.35% percent or +42.21 point. The EURO Stoxx 50 Index are trading at 3,454.13 for up with +0.45% percent or +15.50 point.
TODAY’S FACTORS AND EVENTS
The dollar steadied on Thursday after another politically-driven slide against the euro and yen, helped by nerves over what message Federal Reserve policymakers will send during meetings in Jackson Hole starting later in the day.
The dollar’s 14 percent decline against the euro this year has come courtesy of a collapse in expectations for tax cuts and other pro-growth moves by the Trump administration that weaken the case for further rises in Fed interest rates.
But the U.S. central bank remains the only of the world’s big monetary authorities to have begun raising rates and it is also seeking to rationalize the huge stores of securities it has built while pumping cash into the economy in the past 8 years.
PREVIOUS DAY ACTIVITY
U.S. market were lower on Wednesday. For the day the Dow Jones Industrial Average closed at 21,812.09 with a loss of –0.40% percent or –87.80 point. The S&P 500 closed at 2,444.04 with a loss of –0.35% percent or –8.47 point. The Nasdaq Composite closed at 6,278.41 with a loss of –0.30%percent or –19.07 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,369.74 with a loss of -0.13% percent or -1.80 point; the S&P 600 Small-Cap Index closed at 822.85 with a loss of –0.31% percent or –2.52 point; the S&P 400 Mid-Cap Index closed at 1,703.08 with a loss of –0.23% percent or –3.96 point; the S&P 100 Index closed at 1,081.27 with a loss of –0.37% percent or –3.97 point; the Russell 3000 Index closed at 1,442.85 with a loss of –0.30% percent or –4.36 point; the Russell 1000 Index closed at 1,353.21 with a loss of –0.31% percent or –4.27 point; and the Dow Jones U.S. Select Dividend Index closed at 21,812.09 with a loss of –0.40% percent or –87.80 point.