Dollar Index Update on 06 July 2018

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

For the day the Dow is trading at 24,356.74  up with +0.75% percent or +181.92 point. The S&P 500 is trading at 2,736.61  up with +0.86% percent or +23.39 point. The Nasdaq Composite is trading at 7,586.43 up with +1.12%percent or  +83.75 point.

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;

You may also like...

Rules of Discussion on Dollar Index Update on 06 July 2018

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean