U.S INDEX MARKET
The U.S. Dollar Index is trading at 94.64 with a loss of -0.24% percent or -0.22 point. The Dow Futures is trading at 24,570.00 up with +0.40% percent or +98.00 point. The S&P 500 Futures is trading at 2,764.25 up with +0.43% percent or +11.75 point. The Nasdaq Futures is trading at 7,262.75 up with +0.35% percent or +25.00 point.
TODAY’S FACTORS AND EVENTS
The dollar fell from an 11-month peak against a basket of major currencies as investors took profits in early Asian trade on Friday, while sterling rebounded from a seven-month low after a slightly hawkish tilt from the Bank of England surprised the market.
The Philadelphia Federal Reserve’s manufacturing index fell sharply to a 1-1/2 year low, raising concern about the world’s largest economy and prompting some traders to book profits on bullish dollar bets, analysts said.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,461.70 with a loss of -0.80% percent or -196.10 point. The S&P 500 is trading at 2,749.76 with a loss of -0.63% percent or -17.56 point. The Nasdaq Composite is trading at 7,712.95 with a loss of -0.88% percent or -68.56 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,688.95 with a loss of -1.06% percent or -18.04 point; the S&P 600 Small-Cap Index closed at 1,042.41 with a loss of -0.95% percent or -9.99 point; the S&P 400 Mid-Cap Index closed at 1,987.34 with a loss of -0.72% percent or -14.45 point; the S&P 100 Index closed at 1,207.08 with a loss of -0.68% percent or -8.21 point; the Russell 3000 Index closed at
1,640.93 with a loss of -0.70% percent or -11.51 point; the Russell 1000 Index closed at 1,528.58 with a loss of -0.66% percent or -10.23 point;