The U.S. Dollar Index is trading at 96.83 up with +0.20% percent or +0.20 point. The Dow Futures is trading at 25,170.00 up with +0.35% percent or +89.00 point. The S&P 500 Futures is trading at 2,716.38 up with +0.37% percent or +10.13 point. The Nasdaq Futures is trading at 6,949.75 up with +0.48% percent or +33.00 point.
TODAY’S FACTORS AND EVENTS
The dollar rose against most other currencies on Monday, holding near a six-week high as fresh worries about U.S.-Sino trade tensions and global growth drove appetite for safe-haven assets.
“U.S.-China talks are the big focus for the week and the dollar strength is indicative of the cautious market sentiment right now owing to its safe-haven status,” said Nick Twidale, chief operating officer at Rakuten Securities.
“The Aussie dollar and the euro are at vulnerable levels right now and further dampening in risk sentiment can lead to further downside in these currencies.”
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,106.33 with a loss of -0.25% percent or -63.20 point. The S&P 500 is trading at 2,707.88 up with +0.068% percent or +1.83 point. The Nasdaq Composite is trading at 7,298.20 up with +0.14% percent or +9.85 point.
WORLD MARKETS
In other parts of world, Japan’s Nikkei 225 is trading at 20,333.17 with a loss of -2.01% percent or -418.11 point. Hong Kong’s Hang Seng is trading at 28,143.84 up with +0.71% percent or +197.52 point. China’s Shanghai Composite is trading at 2,653.90 up with +1.36% percent or +35.66 point. India’s BSE Sensex is trading at 36,395.03 with a loss of -0.41% percent or -151.45 point at 12:15 PM.