The U.S. Dollar Index is trading at 96.29 with a loss of -0.08% percent or -0.07 point. The Dow Futures is trading at 24,777.00 up with +0.65% percent or +161.00 point. The S&P 500 Futures is trading at 2,684.00 up with +0.74% percent or +19.75 point. The Nasdaq Futures is trading at 6,930.75 up with +6,930.75 percent or +98.25 point.
TODAY’S FACTORS AND EVENTS
The Japanese yen and Swiss franc gained only briefly on Thursday as currency traders showed little reaction to a wave of selling across stock markets, although China’s offshore yuan hit a 22-month low on worries about an economic slowdown.
The euro recovered from Wednesday’s two-month lows, before the European Central Bank’s monetary policy meeting.
Despite the downturn by stocks, worries about corporate earnings growth and doubts about the global economy, forex investors only tiptoed into the yen and Swiss franc, two currencies historically bought during downturns.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,583.42 with a loss of -2.41% percent or -608.01 point. The S&P 500 is trading at 2,656.10 with a loss of -3.09% percent or -84.59 point. The Nasdaq Composite is trading at 7,108.40 with a loss of -4.43% percent or -329.14 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,468.70 with a loss of -3.79% percent or -57.89 point; the S&P 600 Small-Cap Index closed at 920.99 with a loss of -3.51% percent or -33.46 point; the S&P 400 Mid-Cap Index closed at 1,789.02 with a loss of -3.02% percent or -55.71 point; the S&P 100 Index closed at 1,185.78 with a loss of -3.27% percent or -40.04 point; the Russell 3000 Index closed at 1,562.92 with a loss of -3.17% percent or -51.11 point; the Russell 1000 Index closed at 1,466.78 with a loss of -3.12% percent or -47.20 point;