US PRE MARKET
The US Dollar Index are trading at 93.94 for up with +0.05% percent or +0.05 point. The cac 40 index are trading at 5,336.70 for up with +0.67% percent or +35.45 point . The DAX Index are trading at 13,051.69 for up with +0.58% percent or +75.32 point. The EURO Stoxx 50 Index are trading at 3,569.96 for up with +0.68% percent or +24.24 point.
TODAY’S FACTORS AND EVENTS
The dollar was on the defensive on Thursday as doubts for the prospects of U.S. tax reforms, a fall in U.S. stocks, and declining high-yield bond prices all soured the mood, offsetting an uptick in underlying U.S. inflation.
The dollar index stood at 93.891, after having fallen to as low as 93.402 on Wednesday, its weakest in almost four weeks, a severe correction from the uptrend that began in early September on hopes of a tax cut deal.
A U.S. Senate Republican tax plan drew fire from two Republican lawmakers on Wednesday in a possible sign of trouble for the sweeping measure, given the party can afford to lose no more than two votes to pass the legislation.
PREVIOUS DAY ACTIVITY
U.S. market were lower on Wednesday. For the day the Dow Jones Industrial Average closed at 23,271.28 with a loss of –0.59% percent or –138.19 point. The S&P 500 closed at 2,564.62 with a loss of –0.55% percent or –14.25 point. The Nasdaq Composite closed at 6,706.21 with a loss of –0.47% percent or –31.66 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,464.09 with a loss of -0.49% percent or –7.16 point; the S&P 600 Small-Cap Index closed at 889.94 with a loss of –0.54% percent or –4.80 point; the S&P 400 Mid-Cap Index closed at 1,818.05 with a loss of –0.48% percent or –8.75 point; the S&P 100 Index closed at 1,130.74 with a loss of –0.53% percent or –6.00 point; the Russell 3000 Index closed at 1,517.09 with a loss of –0.54% percent or –8.17 point; the Russell 1000 Index closed at 1,420.93 with a loss of –0.54% percent or –7.71 point; and the Dow Jones U.S. Select Dividend Index closed at 23,271.28 with a loss of –0.59% percent or –138.19 point.