The U.S. Dollar Index is trading at 96.31 with a loss of -0.02% percent or -0.01 point. The Dow Futures is trading at 25,323.00 up with +0.43% percent or +108.00 point. The S&P 500 Futures is trading at 2,837.50 up with +0.42% percent or +12.00 point. The Nasdaq Futures is trading at 7,457.50 up with +0.55% percent or +38.25 point.
TODAY’S FACTORS AND EVENTS
The euro recovered on Tuesday from earlier losses linked to the collapse of the Turkish lira, but investors said the exposure of European banks to Turkey would continue to hound the single currency.
The lira has fallen almost 30 percent this month on concerns about a diplomatic rift with the United States and President Tayyip Erdogan’s reluctance to raise interest rates despite rising inflation.
The lira pulled back on Tuesday from Monday’s record low of 7.24 after the Turkish central bank pledged to provide liquidity in response to a meltdown that unsettled global markets.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,187.70 with a loss of -0.50% percent or -125.44 point. The S&P 500 is trading at 2,821.93 with a loss of -0.40% percent or -11.35 point. The Nasdaq Composite is trading at 7,819.71 with a loss of -0.25% percent or -19.40 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,356.08 up with +2.28% percent or +498.65 point. Hong Kong’s Hang Seng is trading at 27,719.23 with a loss of -0.78% percent or -217.34 point. China’s Shanghai Composite is trading at 2,780.96 with a loss of -0.18% percent or -4.91 point. India’s BSE Sensex is trading at 37,892.07 up with +0.66% percent or +247.17 point at 12:15 PM.