Dollar Index Update on 01 May 2018

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.

 The dollar index against a basket of six major currencies stood little changed at 91.805 after rising to as high as 91.986 on Monday, its strongest since Jan. 11.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Monday.For the day the Dow is trading at 24,163.15 with a loss of -0.61% percent or –148.04 point. The S&P 500 is trading at 2,648.05 with a loss of -0.82% percent or -21.86 point. The Nasdaq Composite is trading at 7,066.27  with a loss of -0.75% percent or -53.53 point.

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;

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