Dollar Index Update on 08 July 2019

The U.S. Dollar Index is trading at 97.26  with a loss of -0.02% percent or -0.02 point. The Dow Futures is trading at 26,807.00  with a loss of -0.29% percent or -78.00 point. The S&P 500 Futures is trading at 2,982.88  with a loss of -0.25% percent or -7.62 point.  The Nasdaq Futures is trading at 7,814.12   with a loss of -0.50% percent or -38.88 point.

TODAY’S FACTORS AND EVENTS

The dollar held near three-week highs in early trading on Monday, holding on to its gains after last week’s strong U.S. jobs data lowered expectations for a sharp Federal Reserve interest rate cut.

Elsewhere, the Turkish lira fell sharply after President Tayyip Erdogan dismissed the central bank governor, sparking worries about the bank’s independence.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 26,922.12  with a loss of -0.16% percent or -43.88 point. The S&P 500 is trading at 2,990.41 with a loss of -0.18% percent or -5.41 point. The Nasdaq Composite is trading at 8,161.79 with a loss of -0.10% percent or -8.44 point.

WORLD MARKETS

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,575.62 up with +0.22% percent or +3.50 point; the S&P 600 Small-Cap Index closed at 958.42 up with +0.37% percent or +3.50 point; the S&P 400 Mid-Cap Index closed at 1,965.95 up with +0.13% percent or +2.53 point; the S&P 100 Index closed at 1,320.77 with a loss of -0.18% percent or -2.39 point; the Russell 3000 Index closed at 1,758.53  with a loss of -0.13% percent or -2.23 point; the Russell 1000 Index closed at 1,656.23 with a loss of -0.15% or -2.51 point.

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