U.S INDEX MARKET
The U.S. Dollar Index is trading at 93.84 up with +0.13% percent or +0.12 point. The Dow Futures is trading at 24,950.00 up with +0.93% percent or +229.00 point. The S&P 500 Futures is trading at 2,729.00 up with +0.59% percent or +16.00 point. The Nasdaq Futures is trading at 6,919.25 up with +0.66% percent or +45.25 point.
TODAY’S FACTORS AND EVENTS
The dollar advanced against the yen on Monday, after U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is “on hold”, boosting risk sentiment amid hopes for an easing of trade tensions between the world’s two biggest economies.
The dollar rose 0.5 percent to 111.245 yen, hitting a fresh four-month high in Asian trade.
The easing of U.S.-China trade tensions is likely to underpin riskier assets such as equities and bodes well for the dollar against the safe-haven yen, said Stephen Innes, head of trading in Asia-Pacific for Oanda in Singapore.
PREVIOUS DAY ACTIVITY
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,626.63 up with +0.082% percent or +1.34 point; the S&P 600 Small-Cap Index closed at 1,002.57 up with +0.15% percent or +1.55 point; the S&P 400 Mid-Cap Index closed at 1,943.37 with a loss of -0.25% percent or -4.91 point; the S&P 100 Index closed at 1,190.65 with a loss of -0.33% percent or -3.93 point; the Russell 3000 Index closed at 1,613.48 with a loss of -0.21% percent or -3.33 point; the Russell 1000 Index closed at 1,505.70 with a loss of -0.23% percent or -3.48 point;