The U.S. Dollar Index is trading at 95.96 with a loss of -0.08% percent or  -0.07 point. The Dow Futures is trading at 25,944.50  with a loss of -0.36% percent or -92.50 point. The S&P 500 Futures is trading at 2,782.38 with a loss of  -0.33% percent or -9.12 point.  The Nasdaq Futures is trading at 7,095.75 with a loss of -0.31% percent or -22.00 point.

TODAY’S FACTORS AND EVENTS

The yen and the Swiss franc strengthened on Wednesday after Pakistan shot down two Indian jets, sending investors out of riskier markets into safer havens.

The Japanese currency rose to a one-week high of 110.38 per dollar after Pakistan downed the jets a day after Indian warplanes struck inside Pakistan for the first time since a war in 1971.

“So far market reaction in major currencies has been relatively limited as tensions between the two countries had already been high. Focus is on whether the conflict shows signs of escalating,” said Kyosuke Suzuki, director at Societe Generale in Tokyo.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 26,057.98  with a loss of -0.13% percent or -33.97 point. The S&P 500 is trading at 2,793.90 with a loss of -0.079% percent or -2.21 point. The Nasdaq Composite is trading at 7,549.30  with a loss of -0.068% percent or -5.16 point.

WORLD MARKETS

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,577.48  with a loss of -0.71% percent or -11.32 point; the S&P 600 Small-Cap Index closed at 975.84 with  a loss of -0.88% percent or −8.69 point; the S&P 400 Mid-Cap Index closed at 1,916.18 with a loss of -0.88% percent or -16.94 point; the S&P 100 Index closed at 1,228.50  up with +0.0098% percent or +0.12 point; the Russell 3000 Index closed at 1,653.73  with a loss of -0.16% percent or -2.71 point; the Russell 1000 Index closed at 1,550.13 with a loss of -0.12% percent or -1.86 point.