U.S INDEX MARKET
The U.S. Dollar Index is trading at 92.52 with a loss of -0.20% percent or -0.19 point. The Dow Futures is trading at 23,872.00 up with +0.20% percent or +47.00 point. The S&P 500 Futures is trading at 2,632.25 up with +0.18% percent or +4.75 point. The Nasdaq Futures is trading at 6,644.50 up with +0.17% percent or +11.00 point.
TODAY’S FACTORS AND EVENTS
The dollar traded below a four-month high against a basket of currencies on Thursday, with the focus shifting to economic data after the Federal Reserve did little to alter market expectations for further interest rate rises this year.
On Wednesday, the Fed left its benchmark overnight lending rate in a target range of between 1.50 percent and 1.75 percent as had been widely expected.
Its rate-setting committee said inflation had “moved close” to its targetand that “on a 12-month basis is expected to run near the Committee’s symmetric 2 percent objective over the medium term.”
PREVIOUS DAY ACTIVITY
U.S. market were lower on Wednesday.For the day the Dow is trading at 23,924.98 with a loss of -0.72% percent or -174.07 point. The S&P 500 is trading at 2,635.67 with a loss of -0.72% percent or -19.13 point. The Nasdaq Composite is trading at 7,100.90 with a loss of -0.42% percent or -29.81 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,554.91 up with +0.29% percent or +4.57 point; the S&P 600 Small-Cap Index closed at 953.41 up with +0.16% percent or +1.53 point; the S&P 400 Mid-Cap Index closed at 1,875.83 with a loss of -0.20% percent or -3.74 point; the S&P 100 Index closed at 1,156.64 with a loss of -0.67% percent or -7.76 point; the Russell 3000 Index closed at 1,564.57 with a loss of -0.61% percent or -9.61 point; the Russell 1000 Index closed at 1,461.84 with a loss of -0.69% percent or -10.10 point;