The U.S. Dollar Index is trading at 98.22 up with +0.17% percent or +0.17 point. The Dow Futures is trading at 26,422.00 with a loss of -0.45% percent or -119.00 point. The S&P 500 Futures is trading at 2,928.12 with a loss of -0.09% percent or -2.63 point. The Nasdaq Futures is trading at 7,855.62 up with +0.10% percent or +7.87 point.
TODAY’S FACTORS AND EVENTS
The Swedish crown plummeted to a 17-year low on Thursday after the country’s central bank delayed its next interest rate hike.
The Riksbank began normalising policy in December due to a strong economy but it has since joined its counterparts in Europe and Canada in adopting a cautious outlook.
Still, its message of restraint and concern about weak inflationary pressure caught some investors off guard.
The crown sank 1.4 percent versus the dollar to 9.55, its lowest since August 2002 and was headed for its biggest daily loss versus the euro since November.
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PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,597.05 with a loss of -0.22% percent or -59.34 point. The S&P 500 is trading at 2,927.25 with a loss of -0.22% percent or -6.43 point. The Nasdaq Composite is trading at 8,102.01 with a loss of -0.23% percent or -18.81 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,588.13 up with +0.19% percent or +3.04 point; the S&P 600 Small-Cap Index closed at 973.85 up with +0.23% percent or +2.23 point; the S&P 400 Mid-Cap Index closed at 1,977.67 up with +0.35% percent or +6.83 point; the S&P 100 Index closed at 1,297.02 with a loss of -0.35% percent or -4.54 point; the Russell 3000 Index closed at 1,725.52 with a loss of -0.17% percent or -2.91 point; the Russell 1000 Index closed at 1,621.91 with a loss of -0.20% or -3.17 point.