The U.S. Dollar Index is trading at 99.06 up with +0.14% percent or +0.14 point. The Dow Futures is trading at 26,321.00 with a loss of -0.32% percent or -85.00 point. The S&P 500 Futures is trading at 2,922.25 with a loss of -0.09% percent or -2.50 point. The Nasdaq Futures is trading at 7,680.75 with a loss of -0.13% percent or -10.00 point.
TODAY’S FACTORS AND EVENTS
The index was 0.45% higher at 98.95, closing the month virtually unchanged after having been whipped around by trade headlines. Against the dollar, the offshore yuan was 0.2% weaker at 7.157, set for a 3.6% fall in August, it’s biggest monthly drop since 1994.
An additional 5% tariff on $125 billion of goods from China is slated to kick in on Sunday, affecting consumer items from smart speakers to sneakers. Investors fear the intensifying trade dispute could lead the U.S. economy into recession.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,403.28 up with +1.41% percent or +367.18 point. The S&P 500 is trading at 2,926.46 up with +0.064% percent or +1.88 point. The Nasdaq Composite is trading at 7,962.88 with a loss of –0.13% percent or –10.51 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,494.84 with a loss of –0.13% percent or -1.88 point; the S&P 600 Small-Cap Index closed at 918.74 with a loss of –0.14% percent or -1.30 point; the S&P 400 Mid-Cap Index closed at 1,881.20 up with +0.21% percent or +3.99 point; the S&P 100 Index closed at 1,292.38 up with +0.047% percent or +0.61 point; the Russell 3000 Index closed at 1,715.24 up with +0.048% percent or +0.82 point; the Russell 1000 Index closed at 1,618.61 up with +0.060% or +0.97 point.