The U.S. Dollar Index is trading at 96.39 with a loss of -0.10% percent or -0.10 point. The Dow Futures is trading at 26,144.00 up with +0.55% percent or +142.00 point. The S&P 500 Futures is trading at 2,802.88 up with +0.42% percent or +11.63 point. The Nasdaq Futures is trading at 7,127.88 up with +0.56% percent or +39.63 point.
TODAY’S FACTORS AND EVENTS
Australian dollar, considered a more liquid proxy for China risks, gained as much as 0.5 percent to $0.7162, reacting to Trump’s posts on Twitter, which came in early Asian trade on Monday.
The onshore yuan jumped as much as 0.6 percent to 6.6730 yuan against the dollar, its highest level since mid-July.
Trump’s announcement was the clearest sign yet that China and the United States are closing in on a deal to end a months-long trade war that has slowed global growth and disrupted markets.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,031.81 up with +0.70% percent or +181.18 point. The S&P 500 is trading at 2,792.67 up with +0.64% percent or +17.79 point. The Nasdaq Composite is trading at 7,527.54 up with +0.91% percent or +67.84 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,590.06 up with +0.92% percent or+14.51 point; the S&P 600 Small-Cap Index closed at 987.29 up with +0.44% percent or +4.34 point; the S&P 400 Mid-Cap Index closed at 1,933.72 up with +0.80% percent or +15.36 point; the S&P 100 Index closed at 1,225.06 up with +0.63% percent or +7.62 point; the Russell 3000 Index closed at 1,654.54 up with +0.69% percent or +5.88 point; the Russell 1000 Index closed at 1,549.97 up with +0.67% percent or +10.31 point.