The U.S. Dollar Index is trading at 94.26 up with +0.13% percent or +0.12 point. The Dow Futures is trading at 26,572.00 up with +0.20% percent or +52.00 point. The S&P 500 Futures is trading at 2,927.50 up with +0.21% percent or +6.25 point. The Nasdaq Futures is trading at 7,614.00 up with +0.25% percent or +18.75 point.
TODAY’S FACTORS AND EVENTS
The dollar was higher on Wednesday before an expected Federal Reserve interest rate hike priced in by investors still on edge about a trade row between the United States and China.
The Fed is expected to raise interest rates for the eighth time since late 2015. Investors are also counting on another rate increase by the end of the year, but the outlook for 2019 is less clear.
Focus will be on the central bank’s policy outlook and any comments on the global trade dispute.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,492.21 with a loss of -0.26% percent or -69.84 point. The S&P 500 is trading at 2,915.56 with a loss of -0.13% percent or -3.81 point. The Nasdaq Composite is trading at 8,007.47 up with +0.18% percent or +14.22 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,708.80 up with +0.20% percent or +3.49 point; the S&P 600 Small-Cap Index closed at 1,067.66 up with +0.088% percent or +0.94 point; the S&P 400 Mid-Cap Index closed at 2,030.62 with a loss of -0.076% percent or −1.55 point; the S&P 100 Index closed at 1,293.91 with a loss of -0.062% percent or -0.80 point; the Russell 3000 Index closed at 1,728.85 with a loss of -0.075% percent or -1.30 point; the Russell 1000 Index closed at 1,615.94 with a loss of -0.098% percent or -1.58 point;