The U.S. Dollar Index is trading at 98.36 up with +0.02% percent or +0.02 point. The Dow Futures is trading at 26,122.50 up with +0.02% percent or +4.50 point. The S&P 500 Futures is trading at 2,924.38 up with +0.02% percent or +0.63 point. The Nasdaq Futures is trading at 7,736.25 up with +0.11% percent or +8.75 point.
TODAY’S FACTORS AND EVENTS
The safe-haven yen and Swiss franc retreated against the dollar on Monday, as risk sentiment gradually improved after a week of turmoil on hopes that major central banks would look to launch fresh stimulus measures to lift their sluggish economies.
The Japanese currency fell for a third straight session versus the greenback, while the Swiss unit slid to a two-week low against the dollar.
Optimism about government action to avert recession concerns in the United States, which was triggered U.S. Federal Reserve’s symposium in Jackson Hole, Wyoming, toward the end of the week, where central bankers could announce key measures.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,135.79 up with +0.96% percent or +249.78 point. The S&P 500 is trading at 2,923.65 up with +1.21% percent or +34.97 point. The Nasdaq Composite is trading at 8,002.81 up with +1.35% percent or +106.82 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,508.85 up with +1.02% percent or +15.21 point; the S&P 600 Small-Cap Index closed at 929.36 up with +1.06% percent or +9.74 point; the S&P 400 Mid-Cap Index closed at 1,891.71 up with +0.99% percent or +18.49 point; the S&P 100 Index closed at 1,291.29 up with +1.26% percent or +16.10 point; the Russell 3000 Index closed at 1,715.46 up with +1.15% percent or +19.54 point; the Russell 1000 Index closed at 1,617.78 up with +1.16% or +18.58 point.