Dollar Index Update on 31 May 2018

U.S INDEX MARKET

The U.S. Dollar Index is trading at 93.93 with a loss of -0.14%  percent or  -0.14 point. The Dow Futures is trading at 24,655.00  with a loss of -0.06% percent or  – 14.00 point. The S&P 500 Futures is trading at 2,723.75  with a loss of -0.03% percent or  -0.25 point.  The Nasdaq Futures is trading at 6,992.75 up with +0.08% percent or  +5.50 point.

TODAY’S FACTORS AND EVENTS

The euro won a reprieve on Thursday, holding on to the strong gains it made on Wednesday, as Italian leaders moved to mitigate political turbulence and avoid a potentially disruptive early election.

Italian Prime Minister-designate Carlo Cottarelli said on Wednesday that possibilities had emerged “for the birth of a political government,” suggesting politicians, rather than technocrats like himself, might be able to steer the country out of deadlock.

That has eased fears that fresh Italian elections could strengthen the hand of anti-establishment parties, helping to bring down Italian bond yields after they spiked sharply on Tuesday.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 24,667.78 up with +1.26% percent or  +306.33 point. The S&P 500 is trading at 2,724.01 up with +1.27% percent or +34.15 point. The Nasdaq Composite is trading at 77,462.45 up with +0.89% percent or  +65.86 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,647.99 up with +1.50% percent or +24.34 point; the S&P 600 Small-Cap Index closed at 1,018.46 up with +1.42% percent or +14.29 point; the S&P 400 Mid-Cap Index closed at 1,967.96 up with +1.48% percent or +28.72 point; the S&P 100 Index closed at 1,194.90 up with +1.23% percent or +14.56 point; the Russell 3000 Index closed at 1,622.14 up with +1.28% percent or +20.52 point; the Russell 1000 Index closed at 1,512.79 up with +1.26% percent or  +18.86 point;

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