U.S INDEX MARKET
The U.S. Dollar Index is trading at 91.96 up with +0.16% percent or +0.14 point. The Dow Futures is trading at 24,137.00 up with +0.02% percent or +6.00 point. The S&P 500 Futures is trading at 2,649.50 up with +0.09% percent or +2.50 point. The Nasdaq Futures is trading at 6,619.50 up with +0.10% percent or +6.50 point.
TODAY’S FACTORS AND EVENTS
The dollar held steady near four-month highs on Tuesday, awaiting the Federal Reserve’s policy decision and key U.S. employment data due later in the week for fresh cues.
The Fed concludes its two-day meeting on Wednesday. The central bank is widely expected to stand pat on policy and investors will be watching for hints of a rate hike in June.
The markets are also focused on Friday’s April U.S. non-farm payrolls report, which could provide further signs of strength in the world’s biggest economy.
PREVIOUS DAY ACTIVITY
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,541.88 with a loss of -0.92% percent or -14.35 point; the S&P 600 Small-Cap Index closed at 947.51 with a loss of -0.91% percent or -8.67 point; the S&P 400 Mid-Cap Index closed at 1,872.45 with a loss of -1.05% percent or -19.78 point; the S&P 100 Index closed at 1,160.73 with a loss of -0.78% percent or -9.17 point; the Russell 3000 Index closed at 1,569.91 with a loss of -0.80% percent or −12.74 point; the Russell 1000 Index closed at 1,468.28 with a loss of -0.79% percent or -11.77 point;