U.S INDEX MARKET
The U.S. Dollar Index is trading at 91.15 with a loss of -0.12% percent or -0.12 point. The Dow Futures is trading at 24,030.00 with a loss of -0.20% percent or -48.00 point. The S&P 500 Futures is trading at 2,639.75 with a loss of -0.18% percent or -4.75 point. The Nasdaq Futures is trading at 6,567.75 up with +0.18% percent or +12.00 point.
TODAY’S FACTORS AND EVENTS
The dollar traded near a 3-1/2-month high against a basket of currencies on Thursday, bolstered by higher U.S. Treasury yields, led by the 10-year benchmark breaching the 3 percent threshold this week for the first time in four years.
The 10-year U.S. Treasury yield set a fresh four-year high of 3.035 percent on Wednesday, driven by worries about the growing supply of government debt and inflationary pressures from rising oil prices.
A rise to levels beyond 3.041 percent would take the U.S. benchmark 10-year yield to its highest since July 2011.
PREVIOUS DAY ACTIVITY
U.S. market were higher on Wednesday.For the day the Dow is trading at 24,083.83 up with +0.25% percent or +59.70 point. The S&P 500 is trading at 2,639.40 up with +0.18% percent or +4.84 point. The Nasdaq Composite is trading at 7,003.74 with a loss of -0.052% percent or -3.62 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.47 with a loss of -0.18% percent or -2.81 point; the S&P 600 Small-Cap Index closed at 955.03 with a loss of -0.24% percent or -2.34 point; the S&P 400 Mid-Cap Index closed at 1,888.01 up with +0.06% percent or +1.19 point; the S&P 100 Index closed at 1,155.38 up with +0.13% percent or +1.54 point; the Russell 3000 Index closed at 1,566.31 up with +0.12% percent or +1.95 point; the Russell 1000 Index closed at 1,463.95 up with +0.15% percent or +2.20 point;