The U.S. Dollar Index is trading at 96.94 with a loss of -0.14% percent or -0.13 point. The Dow Futures is trading at 26,029.00 up with +1.92% percent or +490.00 point. The S&P 500 Futures is trading at 2,805.50 up with +1.71% percent or +47.25 point. The Nasdaq Futures is trading at 7,119.50 up with +2.47% percent or +171.50 point.
TODAY’S FACTORS AND EVENTS
The euro and Australian dollar led the rally against the U.S. dollar on Monday after Washington and Beijing’s agreement for a ceasefire in their trade war encouraged investors to sell the greenback and buy into riskier assets.
Emerging market currencies also surged higher, with China’s offshore yuan gaining more than one percent.
U.S. President Donald Trump and China’s President Xi Jinping have agreed a 90-day cease-fire in their trade dispute during which they will try to bridge their differences.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,538.46 up with +0.79% percent or +199.62 point. The S&P 500 is trading at 2,760.17 up with +0.82% percent or +22.41 point. The Nasdaq Composite is trading at 7,330.54 up with +0.79% percent or +57.45 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,533.27 up with +0.52% percent or +7.88 point; the S&P 600 Small-Cap Index closed at 962.95 up with +0.66% percent or +6.32 point; the S&P 400 Mid-Cap Index closed at 1,878.65 with +0.64% percent or +11.91 point; the S&P 100 Index closed at 1,225.19 with +0.95% percent or +11.49 point; the Russell 3000 Index closed at 1,625.99 with +0.80% percent or +12.84 point; the Russell 1000 Index closed at 1,525.56 up with +0.82% percent or +12.38 point;