The U.S. Dollar Index is trading at 98.29 with a loss of –0.01% percent or -0.01 point. The Dow Futures is trading at 26,256.00 up with +0.11% percent or +32.50 point. The S&P 500 Futures is trading at 2,932.62 up with +0.12% percent or +3.37 point. The Nasdaq Futures is trading at 7,755.12 up with +0.06% percent or +4.87 point.
TODAY’S FACTORS AND EVENTS
The euro fell on Thursday, heading towards a three-week low, as an uptick in euro zone business growth was offset by another decline in China’s currency.
Euro zone business growth picked up in August, as services expanded and manufacturing contracted at a slower pace. But trade war fears knocked future expectations to their weakest in over six years, a survey showed.
“Though the eurozone PMI data was slightly better than expected, it is fairly gloomy stuff and there is some degree of concern among investors about the Chinese yuan’s decline,” said Neil Mellor, a senior FX strategist at BNY Mellon in London.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,202.73 up with +0.93% percent or +240.29 point. The S&P 500 is trading at 2,924.43 up with +0.82% percent or +23.92 point. The Nasdaq Composite is trading at 8,020.21 up with +0.90% percent or +71.65 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,509.85 up with +0.79% percent or +11.84 point; the S&P 600 Small-Cap Index closed at 928.11 up with +0.79% percent or +7.25 point; the S&P 400 Mid-Cap Index closed at 1,886.86 up with +0.56% percent or +10.56 point; the S&P 100 Index closed at 1,292.09 up with 0.88% percent or +11.32 point; the Russell 3000 Index closed at 1,716.56 up with +0.83% percent or +14.09 point; the Russell 1000 Index closed at 1,618.81 with +0.83% or +13.33 point.