Dollar Index Update on 16 May 2018

U.S INDEX MARKET

The U.S. Dollar Index is trading at 93.43 up with +0.16%  percent or +0.14 point. The Dow Futures is trading at 24,641.00 with  a loss of -0.08% percent or -19.00 point. The S&P 500 Futures is trading at 2,707.25 with a loss of -0.06% percent or -1.75 point.  The Nasdaq Futures is trading at 6,883.75 with a loss of -0.10% percent or -6.75 point.

TODAY’S FACTORS AND EVENTS

The moves in pre-market trade followed surging bond yields in the previous session. Robust retail sales and factory data lifted the U.S. 10-year yield through a psychologically important level to hit 3.095 percent — its highest since 2011. The rise in yields hampered U.S. share markets amid fears it could undercut stock valuations.

 U.S. stocks finished sharply lower on Tuesday, after Home Depot reported quarterly sales that missed Wall Street’s expectations and interest rates breached new highs. The Dow Jones industrial average fell 193 points in the session, snapping an eight-day winning streak.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Tuesday.For the day the Dow is trading at 24,706.41 with a loss of -0.78% percent or -193.00 point. The S&P 500 is trading at 2,711.45  with a loss of -0.68% percent or  -18.68 point. The Nasdaq Composite is trading at 7,351.63  with a loss of    – 0.81% percent or  -59.69 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,600.34 with a loss of 0.00% percent or 0.00  point; the S&P 600 Small-Cap Index closed at 982.43 up with +0.031% percent or +0.30 point; the S&P 400 Mid-Cap Index closed at 1,930.67 with a loss of -0.24% percent or -4.56  point; the S&P 100 Index closed at 1,192.81 with a loss of  -0.77% percent or -9.25 point; the Russell 3000 Index closed at 1,609.65  with a loss of -0.60% percent or -9.76 point; the Russell 1000 Index closed at 1,503.91  with a loss of  -0.65% percent or  -9.88 point;

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