The U.S. Dollar Index is trading at 97.49 with 0.00% percent or +0.00 point. The Dow Futures is trading at 26,108.00 with a loss of -0.61% percent or -160.00 point. The S&P 500 Futures is trading at 2,902.12 with a loss of -0.60% percent or -17.63 point. The Nasdaq Futures is trading at 7,613.50 with a loss of -0.61% percent or -46.75 point.
TODAY’S FACTORS AND EVENTS
The yen gained on Monday, rising to its highest against the dollar in nearly a year and a half as hedge funds bought the Japanese currency on concerns that a prolonged China-U.S. trade war could tip the global economy into recession.
The rest of the foreign exchange market, meanwhile, saw major currencies such as the euro and the dollar pinned in tight ranges after Friday’s comments from U.S. President Donald Trump, saying that the United States would not agree a trade deal with Beijing for now.
Against the dollar the yen climbed a quarter of a percentage point to 105.32 yen, closing in on its highest against the U.S. currency since March 2018, barring a flash crash in January this year.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,287.44 with a loss of -0.34% percent or -90.75 point. The S&P 500 is trading at 2,918.65 with a loss of -0.66%percent or -19.44 point. The Nasdaq Composite is trading at 7,959.14 with a loss of -1.00% percent or -80.02 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,513.04 with a loss of -1.25% percent or -19.09 point; the S&P 600 Small-Cap Index closed at 930.75 with a loss of -1.23% percent or -11.60 point; the S&P 400 Mid-Cap Index closed at 1,901.33 with a loss of – 1.25% percent or -23.98 point; the S&P 100 Index closed at 1,287.65 with a loss of -0.70% percent or -9.03 point; the Russell 3000 Index closed at 1,714.97 with a loss of -0.74% percent or -12.71 point; the Russell 1000 Index closed at 1,616.97 with a loss of -0.70% or -11.40 point.