The U.S. Dollar Index is trading at 94.57 up with +0.07% percent or +0.07 point. The Dow Futures is trading at 26,159.00 up with +0.22% percent or +57.00 point. The S&P 500 Futures is trading at 2,901.75 up with +0.20% percent or +5.75 point. The Nasdaq Futures is trading at 7,486.75 up with +0.29% percent or +21.75 point.
TODAY’S FACTORS AND EVENTS
The dollar fell for a second consecutive day and the euro gained on Tuesday after U.S. President Donald Trump escalated his trade war with China by imposing 10 percent tariffs on about $200 billion worth of Chinese imports.
While the greenback has benefited from safe-haven flows amid the escalating Sino-U.S. trade conflict in recent months, investors are starting to worry about the broader impact of the tariffs on the U.S. economy and have pushed the dollar below a key technical level.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,062.12 with a loss of -0.35% percent or -92.55 point. The S&P 500 is trading at 2,888.80 with a loss of -0.56% percent or -16.18 point. The Nasdaq Composite is trading at 7,895.79 with a loss of -1.43%percent or 1-14.25 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,703.55 with a loss of -1.06% percent or -18.17point; the S&P 600 Small-Cap Index closed at 1,075.21 with a loss of -1.03% percent or -11.14 point; the S&P 400 Mid-Cap Index closed at 2,028.49 with a loss of -0.88% percent or -18.07 point; the S&P 100 Index closed at 1,277.57 with a loss of -0.62% percent or -8.03 point; the Russell 3000 Index closed at 1,714.98 with a loss of -0.66% or -11.37 point; the Russell 1000 Index closed at 1,602.33 with a loss of -0.63% percent or -10.10 point;