The U.S. Dollar Index is trading at 98.21 up with +0.07% percent or +0.07 point. The Dow Futures is trading at 26,159.50 up with +0.97% percent or +252.50 point. The S&P 500 Futures is trading at 2,919.88 up with +0.98% percent or +28.38 point. The Nasdaq Futures is trading at 7,696.62 up with +1.11% percent or +84.87 point.
TODAY’S FACTORS AND EVENTS
Safe-haven currencies such as the yen and Swiss franc were under pressure on Monday as expectations that policymakers would unleash new stimulus eased immediate concerns about a slowing global economy.
Such hopes found support from the Chinese central bank’s interest rate reforms over the weekend that are expected to lower corporate borrowing costs, and reports of new fiscal stimulus in Germany.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,886.01 up with +1.20% percent or +306.62 point. The S&P 500 is trading at 2,888.68 up with +1.44% percent or +41.08 point. The Nasdaq Composite is trading at 7,895.99 up with +1.67% percent or +129.38 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,493.64 up with +2.19% percent or +31.99 point; the S&P 600 Small-Cap Index closed at 919.62 up with +2.24% percent or +20.14 point; the S&P 400 Mid-Cap Index closed at 1,873.22 up with +2.07% percent or +38.06 point; the S&P 100 Index closed at 1,275.19 up with +1.46% percent or +18.36 point; the Russell 3000 Index closed at 1,695.92 up with +1.52% percent or +25.40 point; the Russell 1000 Index closed at 1,599.20 up with +1.47% or +23.23 point.