U.S INDEX MARKET
The U.S. Dollar Index is trading at 94.71 up with +0.04% percent or +0.04 point. The Dow Futures is trading at 24,190.00 with a loss of -0.46% percent or -113.00 point. The S&P 500 Futures is trading at 2,718.75 with a loss of -0.36% percent or -9.75 point. The Nasdaq Futures is trading at 7,049.75 with a loss of -0.76% percent or -54.25 point.
TODAY’S FACTORS AND EVENTS
The euro rebounded on Wednesday as concerns about an escalating trade conflict held back the dollar, while traders said markets needed clarity on a developing political crisis in Germany and an EU summit before pushing the euro higher.
Worries that a full-blown trade war could break out between Beijing and Washington continued to weigh on currencies, despite data showing profits at China’s industrial firms rose sharply.
The yen, a prominent gauge of investor risk aversion, gained while the Chinese yuan slumped to a 6-month low.
PREVIOUS DAY ACTIVITY
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,668.53 up with +0.66% percent or +11.02 point; the S&P 600 Small-Cap Index closed at 1,033.31 up with +0.73% percent or +7.47 point; the S&P 400 Mid-Cap Index closed at 1,965.11 up with +0.21% percent or +4.21 point; the S&P 100 Index closed at 1,195.14 up with +0.28% percent or +3.34 point; the Russell 3000 Index closed at 1,624.09 up with +0.27% percent or +4.32 point; the Russell 1000 Index closed at 1,513.14 up with +0.23% percent or +3.51 point;