The U.S. Dollar Index is trading at 96.56 with a loss of -0.08% percent or -0.07 point. The Dow Futures is trading at 25,542.50 with a loss of -0.11% percent or -27.50 point. The S&P 500 Futures is trading at 2,807.12 with a loss of -0.13% percent or -3.63 point. The Nasdaq Futures is trading at 7,341.25 with a loss of -0.37% percent or -30.37 point.
TODAY’S FACTORS AND EVENTS
The yen held near six-week highs against the dollar on Monday as fears of economic recession, fanned by inversion of the U.S. bond yield curve, sapped demand for higher-yield, growth reliant assets and drove investors toward “safe” destinations.
Attention is focused heavily on the state of world growth after the U.S. Federal Reserve turned tail on raising interest rates, lacklustre Chinese data and a danger of a chaotic Brexit that would hit the British and European economies.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,502.32 with a loss of -1.77% percent or -460.19 point. The S&P 500 is trading at 2,800.71 with a loss of -1.90% percent or -54.17 point. The Nasdaq Composite is trading at 7,642.67 with a loss of -2.50% percent or -196.29 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,505.92 with a loss of -3.62% percent or -56.49 point; the S&P 600 Small-Cap Index closed at 918.09 with a loss of -3.58% percent or -34.04 point; the S&P 400 Mid-Cap Index closed at 1,854.99 with a loss of -2.81% percent or -53.54 point; the S&P 100 Index closed at 1,239.09 with a loss of -1.89% percent or -23.83 point; the Russell 3000 Index closed at 1,649.05 with a loss of -2.09% percent or -35.15 point; the Russell 1000 Index closed at 1,550.95 with a loss of -1.97% percent or -31.16 point.