U.S INDEX MARKET
The U.S. Dollar Index is trading at 93.38 with a loss of -0.36% percent or -0.35 point. The Dow Futures is trading at 25,053.00 up with +0.20% percent or +51.00 point. The S&P 500 Futures is trading at 2,738.25 up with +0.19% percent or +5.25 point. The Nasdaq Futures is trading at 6,939.00 up with +0.34% percent or +23.75 point.
TODAY’S FACTORS AND EVENTS
Todays rally followed remarks by Treasury Secretary Steven Mnuchin that the prospect of a trade war between the U.S. and China was “on hold” after an agreement to suspend tariff threats. In remarks to CNBC on Monday, Mnuchin added that there had been “very meaningful progress” with China on trade matters. “Now it’s up to both of us to make sure that we can implement it,” he told “Squawk Box.”
Meanwhile, AutoZone, Toll Brothers and Kohl’s are among the major companies expected to release their latest figures before the opening bell. Hewlett Packard and Intuit are set to release their earnings after the session.
PREVIOUS DAY ACTIVITY
U.S. market were mixed on Monday.For the day the Dow is trading at 25,013.29 up with +1.21% percent or +298.20 point. The S&P 500 is trading at 2,733.01 up with +0.74% percent or +20.04 point. The Nasdaq Composite is trading at 7,394.04 up with +0.54% percent or +39.70 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,637.44 up with +0.66% percent or +10.81 point; the S&P 600 Small-Cap Index closed at 1,011.82 up with +0.92% percent or +9.25 point; the S&P 400 Mid-Cap Index closed at 1,962.48 up with +0.98% percent or +19.11 point; the S&P 100 Index closed at 1,200.53 with +0.83% percent or +9.88 point; the Russell 3000 Index closed at 1,625.35 up with +0.74% percent or +11.87 point; the Russell 1000 Index closed at 1,516.88 up with +0.74% percent or +11.17 point;