US PRE MARKET
The US Dollar Index are trading at 93.09% for up with +0.20% percent or +0.19% point. The cac 40 index are trading at 5,388.52 for up with +0.53% percent or +28.44 point . The DAX Index are trading at 13,036.74 for up with +0.28% percent or +36.54 point. The EURO Stoxx 50 Index are trading at 3,578.51 for up with +0.41% percent or +14.49 point.
TODAY’S FACTORS AND EVENTS
The dollar was stuck near a two-month low on Tuesday, as traders waited for the confirmation hearing and first serious test for new Federal Reserve chair Jerome Powell.
The U.S. currency looked well corseted in early European trading, with it a shade higher against the Japanese yen, British pound and Canadian dollar but fractionally lower against the euro.
In prepared remarks for his Senate confirmation hearing released by the Fed on Monday, Powell, who is already a policymaker, defended the U.S. central bank’s use of broad crisis-fighting powers.
PREVIOUS DAY ACTIVITY
U.S. market were lower on Monday. For the day the Dow Jones Industrial Average closed at 23,580.78 for up with +0.10% percent or +22.79 point. The S&P 500 closed at 2,601.42 with a loss of -0.04% percent or –1.00 point. The Nasdaq Composite closed at 6,878.52 with a loss of –0.15% percent or –10.64 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,513.31 with a loss of -0.39% percent or -5.85 point; the S&P 600 Small-Cap Index closed at 922.18 with a loss of –0.55% percent or –5.07 point; the S&P 400 Mid-Cap Index closed at 1,856.11 with a loss of -0.17% percent or -3.08 point; the S&P 100 Index closed at 1,147.11 for up with +0.01% percent or +0.13 point; the Russell 3000 Index closed at 1,542.29 with a loss of –0.09% percent or –1.46 point; the Russell 1000 Index closed at 1,442.57 with a loss of –0.07% percent or –1.02 point; and the Dow Jones U.S. Select Dividend Index closed at 23,580.78 for up with +0.10% percent or +22.79 point.