The U.S. Dollar Index is trading at 96.75 with a loss of -0.18% percent or -0.17 point. The Dow Futures is trading at 25,883.50 with a loss of -0.08% percent or -21.50 point. The S&P 500 Futures is trading at 2,775.12 with a loss of -0.07% percent or -1.88 point. The Nasdaq Futures is trading at 7,060.88 with a loss of -0.15% percent or -10.37 point.
TODAY’S FACTORS AND EVENTS
The euro rose past $1.13 and riskier currencies like the Australian dollar strengthened on Monday as optimism over a breakthrough in U.S.-China trade war talks encouraged investors.
The euro has been stuck in a trading range since November as growing weakness in the euro zone economy offsets dwindling expectations the Federal Reserve will raise U.S. interest rates again this year.
But after dropping to a three-month low on Friday, the euro has recovered, helped by renewed demand for riskier assets as hopes rose for an end to the U.S.-China trade conflict after both sides reported progress in talks.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,883.25 up with +1.33% percent or +339.98 point. The S&P 500 is trading at 2,775.60 up with +1.09% percent or +29.87 point. The Nasdaq Composite is trading at 7,472.41 up with +0.61% percent or +45.46 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,569.25 up with +1.56% percent or +24.14 point; the S&P 600 Small-Cap Index closed at 975.24 up with +1.47% percent or +14.09 point; the S&P 400 Mid-Cap Index closed at 1,914.01 up with +1.18% percent or +22.35 point; the S&P 100 Index closed at 1,217.96 up with +1.09% percent or +13.16 point; the Russell 3000 Index closed at 1,643.45 up with +1.11% percent or +17.96 point; the Russell 1000 Index closed at 1,540.37 up with +1.07% percent or +16.29 point