The U.S. Dollar Index is trading at 96.9 with a loss of -0.25% percent or -0.24 point. The Dow Futures is trading at 24,561.00 up with +0.29% percent or +71.00 point. The S&P 500 Futures is trading at 2,650.12 up with +0.27% percent or +7.12 point. The Nasdaq Futures is trading at 6,728.62 up with +0.44% percent or +29.37 point.
TODAY’S FACTORS AND EVENTS
The greenback enjoyed a mild recovery following its steepest weekly drop versus a basket of currencies in three months last week, as traders reduced their expectations that the Federal Reserve might pause its interest rate hikes sooner than previously thought.
“It’s definitely weakening the pound,” said Chuck Tomes, associate portfolio manager at Manulife Asset Management in Boston. “It’s casting more uncertainty about a Brexit vote.”
PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 6,721.54 with a loss of -0.83% percent or -56.57 point. France’s CAC 40 closed at 4,742.38 with a loss of -1.47% percent or -70.74 point. Germany’s DAX closed at 10,622.07 with a loss of -1.54% percent or –166.02 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,443.10 with a loss of -0.34% percent or −4.99 point; the S&P 600 Small-Cap Index closed at 898.91 with a loss of -0.70% percent or -6.35 point; the S&P 400 Mid-Cap Index closed at 1,769.53 with a loss of – 0.64% percent or -11.41 point; the S&P 100 Index closed at 1,170.41 up with +0.24% percent or +2.84 point; the Russell 3000 Index closed at 1,551.95 up with +0.094% percent or +1.46 point; the Russell 1000 Index closed at 1,457.66 up with +0.13% percent or +1.86 point;