U.S INDEX MARKET
The U.S. Dollar Index is trading at 92.56 up with +0.13% percent or +0.12 point. The Dow Futures is trading at 23,872.00 with a loss of -0.16% percent or -38.00 point. The S&P 500 Futures is trading at 2,628.00 with a loss of -0.14% percent or -3.75 point. The Nasdaq Futures is trading at 6,650.00 with a loss of -0.22% percent or -14.50 point.
TODAY’S FACTORS AND EVENTS
The dollar held steady against a basket of currencies on Friday, having retreated from four-month highs on profit-taking, with the focus on whether U.S. jobs data will provide the spark for another push higher.
The dollar has erased all its 2018 losses over the past few weeks on expectations the Federal Reserve will continue to raise interest rates while other central banks, including the European Central Bank, take longer to reduce stimulus.
Further dollar gains will likely depend on data showing a further improvement in growth and inflation, which could fan speculation that the U.S. central bank could raise interest rates this year three more times.
PREVIOUS DAY ACTIVITY
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,546.56 with a loss of -0.54% percent or -8.36 point; the S&P 600 Small-Cap Index closed at 947.08 with a loss of -0.66% percent or –6.33 point; the S&P 400 Mid-Cap Index closed at 1,872.56 with a loss of -0.17% percent or -3.27 point; the S&P 100 Index closed at 1,153.93 with a loss of -0.23% percent or -2.71 point; the Russell 3000 Index closed at 1,560.62 with a loss of -0.25% percent or -3.95 point; the Russell 1000 Index closed at 1,458.50 with a loss of -0.23% percent or -3.34 point;