Dollar Index Update on 18 May 2018

U.S INDEX MARKET

The U.S. Dollar Index is trading at 93.47 up with +0.09%  percent or +0.08 point. The Dow Futures is trading at 24,759.00 up  with +0.22% percent or +55.00 point. The S&P 500 Futures is trading at 2,724.25 up with +0.20% percent or +5.50 point.  The Nasdaq Futures is trading at 6,927.75 up with +0.32% percent or +0.32% point.

TODAY’S FACTORS AND EVENTS

The euro was headed on Friday for its fifth successive weekly decline versus the dollar, in what would be a first for the currency since 2015, as political uncertainty in Italy continued to worry investors.

The euro has slumped six cents from more than $1.24 in the space of three weeks after a huge dollar rally and amid concerns about the demands of populist parties likely to form Italy’s next government.

On Thursday, the far-right League and 5-Star Movement agreed the basis for a governing accord that would slash taxes and ramp up welfare spending

PREVIOUS DAY ACTIVITY

U.S. market were lower on Thursday.For the day the Dow is trading at 24,713.98 with a loss of -0.22% percent or -54.95 point. The S&P 500 is trading at 2,720.13 with a loss of -0.086% percent or  -2.33 point. The Nasdaq Composite is trading at 7,382.47 with a loss of   -0.21% percent or  -15.82 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,625.29 up with +0.55% percent or +8.92 point; the S&P 600 Small-Cap Index closed at 1,001.02 up with +0.70% percent or +6.93 point; the S&P 400 Mid-Cap Index closed at 1,948.28 up with +0.23% percent or +4.47 point; the S&P 100 Index closed at 1,194.58 with a loss of  -0.22% percent or -2.68 point; the Russell 3000 Index closed at 1,616.81 with a loss of -0.014% percent or -0.23 point; the Russell 1000 Index closed at 1,509.18 with a loss of  -0.062% percent or  -0.94 point;

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