The U.S. Dollar Index is trading at 97.57 with a loss of -0.07% percent or -0.07 point. The Dow Futures is trading at 26,506.50 up with +0.01% percent or +2.50 point. The S&P 500 Futures is trading at 2,925.88 with a loss of -0.01% percent or -0.37 point. The Nasdaq Futures is trading at 7,674.88 up with +0.02% percent or +1.38 point.
TODAY’S FACTORS AND EVENTS
The euro hovered near two-week lows against the dollar on Wednesday as investors waited to see if the U.S. Federal Reserve would follow the lead of the European Central Bank and sound as dovish on future interest rate cuts and stimulus.
ECB President Mario Draghi’s about-face on easing on Tuesday fueled talk of a worldwide wave of central bank stimulus, firing up stocks, bonds and commodities, although currency moves were smaller.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,465.54 up with +1.35% percent or +353.01 point. The S&P 500 is trading at 2,917.75 up with +0.97% percent or +28.08 point. The Nasdaq Composite is trading at 7,953.88 up with +1.39% percent or +108.86 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.23 up with +1.14% percent or +17.48 point; the S&P 600 Small-Cap Index closed at 936.03 up with +1.30% percent or +12.02 point; the S&P 400 Mid-Cap Index closed at 1,921.35 up with +1.15% percent or +21.79 point; the S&P 100 Index closed at 1,289.69 up with +0.97% percent or +12.34 point; the Russell 3000 Index closed at 1,716.47 up with +1.00% percent or +16.92 point; the Russell 1000 Index closed at 1,615.70 up with +0.98% or +15.76 point.