The U.S. Dollar Index is trading at 94.33 up with +0.27% percent or +0.26 point. The Dow Futures is trading at 24,836.00 up with +0.25% percent or +62.00 point. The S&P 500 Futures is trading at 2,793.25 up with +0.21% percent or +5.75 point. The Nasdaq Futures is trading at 7,322.25 up with +0.35% percent or +25.25 point.
TODAY’S FACTORS AND EVENTS
The British pound was frail on Tuesday after the departure of two key euroskeptic ministers raised worries about a “hard Brexit” while the yen retreated against the dollar as investors bid up riskier assets.
Sterling stood at $1.3248, having fallen to as low as $1.3189 on Monday, after Prime Minister Theresa May’s foreign minister and Brexit negotiator quit in protest at her plans to keep close trade ties with the European Union.
The currency regained some ground after several Conservative lawmakers said May is likely safe from a leadership challenge despite the resignation of Boris Johnson and Brexit minister David Davis.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,776.59 up with +1.31% percent or +320.11 point. The S&P 500 is trading at 2,784.17 up with +0.88% percent or +24.35 point. The Nasdaq Composite is trading at 7,756.20 up with +0.88% percent or +67.81 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,704.60 up with +0.62% percent or +10.55 point; the S&P 600 Small-Cap Index closed at 1,057.32 up with +0.70% percent or +7.38 point; the S&P 400 Mid-Cap Index closed at 2,009.15 up with 0.99% percent or +19.66 point; the S&P 100 Index closed at 1,224.88 up with 0.95% percent or +11.54 point; the Russell 3000 Index closed at 1,660.43 up with +0.86% percent or +14.13 point; the Russell 1000 Index closed at 1,547.10 up with +0.88% percent or +13.48 point;