Dollar Index Update on 29 August 2019

The U.S. Dollar Index is trading at 98.30 up with +0.09%  percent or +0.09  point. The Dow Futures is trading at 26,291.00 up with +0.98% percent or +254.00 point. The S&P 500 Futures is trading at 2,915.38 up with +0.89% percent or +25.63 point.  The Nasdaq Futures is trading at 7,686.75 up with +1.15% percent or +87.50 point.

TODAY’S FACTORS AND EVENTS

The Japanese yen edged higher on Thursday, heading for its biggest monthly rise since May as risk appetite remained on the back foot with investors skeptical on the prospect of a trade-war breakthrough any time soon.

“Investors are still concerned about the trade war and there is little optimism we will see a substantial breakthrough in negotiations,” said Esther Maria Reichelt, an FX strategist at Commerzbank.

U.S. President Donald Trump’s administration on Wednesday made official its extra 5% tariff on $300 billion in Chinese imports and set collection dates of Sept. 1 and Dec. 15.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 26,036.10 up with +1.00% percent or +258.20  point. The S&P 500 is trading at 2,887.94  with 0.65% percent or +18.78 point. The Nasdaq Composite is trading at 7,856.88  up with +0.38% percent or +29.94 point.

WORLD MARKETS

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,472.71 up with +1.15% percent or +16.67 point; the S&P 600 Small-Cap Index closed at 906.02 up with +1.21% percent or +10.80 point; the S&P 400 Mid-Cap Index closed at 1,849.95  up with +0.95% percent or +17.32 point; the S&P 100 Index closed at 1,276.24 up with +0.65% percent or +8.18 point; the Russell 3000 Index closed at 1,692.37  with 0.67% percent or +11.20 point; the Russell 1000 Index closed at 1,597.19  up with +0.63% or +10.05 point.

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