U.S INDEX MARKET
The U.S. Dollar Index is trading at 92.38 with a loss of -0.09% percent or -0.09 point. The Dow Futures is trading at 24,036.00 with a loss of -0.15% percent or -35.00 point. The S&P 500 Futures is trading at 2,651.75 with a loss of -0.02% percent or -0.50 point. The Nasdaq Futures is trading at 6,714.00 up with +0.33% percent or +22.00 point.
TODAY’S FACTORS AND EVENTS
The dollar held near a four-month high against a basket of major currencies on Wednesday, buoyed by the outlook for a strong U.S. economy and rising yields amid signs of a slowdown elsewhere, especially in Europe.
The dollar’s index ticked down 0.1 percent in Asia after having gained 1 percent in the preceding two days. It rose to as high as 92.57 on Tuesday, its firmest since Jan. 10.
The index rose above its 200-day moving average for the first time in a year, triggering a wave of short-covering.
PREVIOUS DAY ACTIVITY
U.S. market were lower on Tuesday.For the day the Dow is trading at 24,099.05 with a loss of -0.27% percent or -64.10 point. The S&P 500 is trading at 2,654.80 up with +0.25% percent or +6.75 point. The Nasdaq Composite is trading at 7,130.70 up with +0.91% percent or +64.44 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.34 up with +0.55% percent or +8.46 point; the S&P 600 Small-Cap Index closed at 951.88 up with +0.46% percent or +4.37 point; the S&P 400 Mid-Cap Index closed at 1,879.57 up with +0.38% percent or +7.12 point; the S&P 100 Index closed at 1,164.40 up with +0.32% percent or +3.67 point; the Russell 3000 Index closed at 1,574.18 up with +0.27%percent or +4.27 point; the Russell 1000 Index closed at 1,471.94 up with +0.25% percent or+3.66 point;