The U.S. Dollar Index is trading at 96.48 up with +0.06% percent or +0.06 point. The Dow Futures is trading at 24,864.00 up with +0.48% percent or +118.00 point. The S&P 500 Futures is trading at 2,692.00 up with +0.84% percent or +22.50 point. The Nasdaq Futures is trading at 6,970.75 up with +1.12% percent or +77.50 point.
TODAY’S FACTORS AND EVENTS
The dollar rose towards a 10-week high against a basket of other currencies on Monday as concerns about global growth pervaded markets.
World stocks have sold off in October, beset by worries over corporate earnings and geopolitical uncertainty.
That has lifted the dollar – a currency that typically outperforms in risk-off periods – but the currency has strengthened only moderately.
“This likely reflects a number of factors, including long dollar positioning and, by the end of this week, some modest repricing of Federal Reserve expectations,” said Zach Pandl, co-head of foreign exchange at Goldman Sachs.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,688.31 with a loss of -1.19% percent or -296.24 point. The S&P 500 is trading at 2,658.69 with a loss of -1.73% percent or -46.88 point. The Nasdaq Composite is trading at 7,167.21 with a loss of -2.06% percent or -151.12 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,483.82 with a loss of -1.10% percent or -16.58 point; the S&P 600 Small-Cap Index closed at 932.15 with a loss of -0.97% percent or -9.11 point; the S&P 400 Mid-Cap Index closed at 1,795.10 with a loss of -1.06% percent or -25.38 point; the S&P 100 Index closed at 1,189.06 with a loss of -1.82% percent or -22.05 point; the Russell 3000 Index closed at 1,565.94 with a loss of -1.65% percent or -26.27 point; the Russell 1000 Index closed at 1,468.66 with a loss of -1.69% percent or -26.27 point;