Dollar Index Update as on 02 September 2019

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.

You may also like...

Rules of Discussion on Dollar Index Update as on 02 September 2019

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.