The U.S. Dollar Index is trading at 96.06 with a loss of -0.01% percent or -0.01 point. The Dow Futures is trading at 24,390.50 up with +0.29% percent or +69.50 point. The S&P 500 Futures is trading at 2,639.88 up with +0.18% percent or +4.63 point. The Nasdaq Futures is trading at 6,733.12 up with +0.20% percent or +13.12 point.
TODAY’S FACTORS AND EVENTS
The dollar steadied on Friday but was set for its first weekly rise in five weeks as doubts grew on the ability of other major global central banks such as the European Central Bank to start raising interest rates this year.
While the prospect of another Fed rate hike has been virtually ruled out of money markets this year, markets have also whittled down the odds of the ECB raising interest rates on the back of weak economic data, weighing on the single currency.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,207.16 up with +0.59% percent or +141.57 point. The S&P 500 is trading at 2,616.10 up with +0.22% percent or +5.80 point. The Nasdaq Composite is trading at +7,034.69 up with +0.15% percent or +10.86 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,467.25 up with +0.86% percent or +12.55 point; the S&P 600 Small-Cap Index closed at 915.13 up with +0.91% percent or +8.29 point; the S&P 400 Mid-Cap Index closed at 1,792.20 up with +0.92% percent or +16.30 point; the S&P 100 Index closed at 1,167.86 up with +0.68% percent or +7.92 point; the Russell 3000 Index closed at 1,555.35 up with +0.78% percent or + 12.00 point; the Russell 1000 Index closed at 1,459.19 up with +0.77% percent or +11.16 point