The U.S. Dollar Index is trading at 97.60 with a loss of -0.04% percent or -0.01 point. The Dow Futures is trading at 25,428.00 up with +0.19% percent or +47.00 point. The S&P 500 Futures is trading at 2,735.25 up with +0.27% percent or +7.50 point. The Nasdaq Futures is trading at 6,864.00 up with +0.41% percent or +28.00 point.
TODAY’S FACTORS AND EVENTS
The dollar traded slightly below a 16-month high versus a basket of peers on Tuesday, benefiting from save-haven flows sparked by political uncertainties in Europe and fears of a global economic slowdown.
Investor confidence has been eroded by bitter trade tensions between the United States and China, fears of a no-deal Brexit, and a standoff between Rome and the European Union over Italy’s deficit-deepening budget.
Added to that litany is a view that corporate earnings growth has peaked amid rising borrowing costs.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,387.18 with a loss of -2.32% percent or -602.12 point. The S&P 500 is trading at 2,726.22 with a loss of -1.97% percent or -54.79 point. The Nasdaq Composite is trading at 7,200.87 with a loss of -2.78% percent or -206.03 point
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,518.79 with a loss of -1.98% percent or -30.70 point; the S&P 600 Small-Cap Index closed at 955.08 with a loss of -1.81% percent or -17.57 point; the S&P 400 Mid-Cap Index closed at 1,852.25 with a loss of -1.61% percent or -30.29 point; the S&P 100 Index closed at 1,211.59 with a loss of -2.08% percent or -25.76 point; the Russell 3000 Index closed at 1,604.97 with a loss of -1.97% percent or -32.26 point; the Russell 1000 Index closed at 1,505.42 with a loss of -1.97% percent or -30.24 point;