The U.S. Dollar Index is trading at 95.41 up with +0.19% percent or +0.18 point. The Dow Futures is trading at 25,440.00 up with +0.12% percent or +30.00 point. The S&P 500 Futures is trading at 2,841.75 up with +0.08% percent or +2.25 point. The Nasdaq Futures is trading at 7,414.50 up with +0.17% percent or +12.50 point.
TODAY’S FACTORS AND EVENTS
The dollar rose on Monday, edging towards a one-year high, as escalating trade war rhetoric between the United States and its trading partners helped the U.S. currency.
Chinese stocks slumped nearly 2 percent as Beijing proposing tariffs on $60 billion worth of U.S. goods on Friday, while a senior Chinese diplomat cast doubt on prospects of talks with Washington to resolve the conflict.
“The trade war concerns are supporting the dollar and there is a bit of a risk-off tone in the markets,” said Manuel Oliveri, a currency strategist at Credit Agricole in London.
PREVIOUS DAY ACTIVITY
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,673.37 with a loss of -0.52% percent or -8.73 point; the S&P 600 Small-Cap Index closed at 1,053.61 with a loss of -0.43% percent or -4.54 point; the S&P 400 Mid-Cap Index closed at 2,000.04 up with +0.26% percent or +5.11 point; the S&P 100 Index closed at 1,257.19 up with +0.52% percent or +6.53 point; the Russell 3000 Index closed at 1,685.03 up with +0.34% percent or +5.72 point; the Russell 1000 Index closed at 1,574.38 up with +0.41% percent or +6.45 point;