The U.S. Dollar Index is trading at 94.33 with a loss of -0.08% percent or -72.0 point. The Dow Futures is trading at 24,270.00 with a loss of -0.30% percent or -73.00 point. The S&P 500 Futures is trading at 2,734.50 with a loss of -0.15% percent or -4.00 point. The Nasdaq Futures is trading at 7,113.50 with a loss of -0.17% percent or -11.25 point.
TODAY’S FACTORS AND EVENTS
The dollar fell on Friday as U.S. tariffs on Chinese imports took effect, but a muted reaction in currency markets suggested the escalation had largely been priced in by investors focusing on a U.S. jobs report due later in the day.
The latest salvo in a trade conflict between the world’s biggest economic powers were fired on Friday when U.S. tariffs on $34 billion worth of Chinese goods came into effect.
Markets were looking for any retaliatory measures China might employ – Beijing said on Friday it had no choice but to fight back on trade – and the volatility that could cause.
PREVIOUS DAY ACTIVITY
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,679.48 up with +1.15% percent or +19.06 point; the S&P 600 Small-Cap Index closed at 1,041.56 up with +1.23% percent or +12.63 point; the S&P 400 Mid-Cap Index closed at 1,974.40 up with +0.87% percent or +17.05 point; the S&P 100 Index closed at 1,202.53 up with +0.90% percent or +10.77 point; the Russell 3000 Index closed at 1,632.17 up with +0.87% percent or +14.13 point; the Russell 1000 Index closed at 1,520.46 up with +0.85% percent or +12.81 point;