The U.S. Dollar Index is trading at 97.54 up with +0.29% percent or +0.28 point. The Dow Futures is trading at 27,258.50 up with +0.30% percent or +81.50 point. The S&P 500 Futures is trading at 2,997.88 up with +0.28% percent or +8.38 point. The Nasdaq Futures is trading at 7,956.38 up with +0.40% percent or +31.75 point.
TODAY’S FACTORS AND EVENTS
The greenback rose 0.31% versus a basket of its rivals to 97.47, its highest level since July 9.
The dollar’s strength was also due to a broadening weakness in the euro as investors gear up for news of fresh stimulus from the European Central Bank on Thursday.
Though money markets have trimmed bets on a 10 basis point deposit rate cut from the ECB to less than 40% from roughly 60% on Friday, analysts expect dovish forward guidance and possibly more generous terms for its planned new multi-year loans.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 27,171.90 up with +0.065% percent or +17.70 point. The S&P 500 is trading at 2,985.03 up with +0.28% percent or +8.42 point. The Nasdaq Composite is trading at 8,204.14 up with +0.71% percent or +57.65 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,544.78 with a loss of -0.20% percent or -3.11 point; the S&P 600 Small-Cap Index closed at 938.25 with a loss of -0.23% percent or -2.19 point; the S&P 400 Mid-Cap Index closed at 1,935.64 with a loss of -0.091% percent or -1.76 point; the S&P 100 Index closed at 1,320.12 up with +0.36% percent or +4.70 point; the Russell 3000 Index closed at 1,753.66 up with +0.24% percent or +4.16 point; the Russell 1000 Index closed at 1,653.64 up with +0.27% or +4.44 point.