The U.S. Dollar Index is trading at 96.38 with a loss of -0.06% percent or -0.05 point. The Dow Futures is trading at 25,411.00 with a loss of -0.16% percent or -40.00 point. The S&P 500 Futures is trading at 2,738.75 with a loss of -0.15% percent or -4.25 point. The Nasdaq Futures is trading at 6,893.00 with a loss of -0.03% percent or -3.00 point.
TODAY’S FACTORS AND EVENTS
The dollar steadied on Monday after posting its biggest weekly drop in two months last week as investors grew cautious about the near term outlook for the greenback after dovish comments by U.S. policymakers.
Against a basket of its rivals, the greenback was broadly steady at 96.48 after falling nearly half a percent last week, its biggest weekly drop since late September.
The dollar has been the surprise winner of 2018, having risen nearly 10 percent from April lows thanks to a combination of interest rate hikes and strong data. But the growing view that U.S. economic growth may have peaked has begun to eat away at these gains
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,413.22 up with +0.49% percent or +123.95 point. The S&P 500 is trading at 2,736.27 up with +0.22% percent or +6.07 point. The Nasdaq Composite is trading at 7,247.87 with a loss of -0.15% percent or -11.16 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,527.53 up with +0.22% percent or +3.41 point; the S&P 600 Small-Cap Index closed at 961.44 up with +0.30% percent or +2.90 point; the S&P 400 Mid-Cap Index closed at 1,865.40 up with +0.13% percent or +2.37 point; the S&P 100 Index closed at 1,213.73 up with +0.094% percent or +1.14 point; the Russell 3000 Index closed at 1,611.76 with up +0.22% percent or +3.51 point; the Russell 1000 Index closed at 1,511.61 up with +0.22% percent or +3.28 point;