The U.S. Dollar Index is trading at 98.50 up with +0.09% percent or +0.09 point. The Dow Futures is trading at 26,787.50 up with +0.32% percent or +86.50 point. The S&P 500 Futures is trading at 2,981.12 up with +0.31% percent or +9.12 point. The Nasdaq Futures is trading at 7,873.75 up with +0.23% percent or +18.25 point.
TODAY’S FACTORS AND EVENTS
The dollar edged lower on Friday and was heading for its biggest weekly drop in a month as expectations grew that the Federal Reserve would cut U.S. interest rates this month.
Traders bought the Australian dollar and other risky assets this week after the U.S. reported strong economic data and political tension eased, especially in the United Kingdom, where lawmakers moved to block Prime Minister Boris Johnson’s efforts to leave the European Union without a transition agreement.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,728.15 up with +1.41% percent or +372.68 point. The S&P 500 is trading at 2,976.00 up with +1.30% percent or +38.22 point. The Nasdaq Composite is trading at 8,116.83 up with +1.75% percent or +139.95 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,510.75 up with +1.75% percent or +25.99 point; the S&P 600 Small-Cap Index closed at 932.40 up with +1.96% percent or +17.93 point; the S&P 400 Mid-Cap Index closed at 1,912.63 up with +1.68% percent or +31.69 point; the S&P 100 Index closed at 1,315.51 up with +1.39% percent or +17.98 point; the Russell 3000 Index closed at 1,742.90 up with +1.32% percent or +22.78 point; the Russell 1000 Index closed at 1,645.32 up with +1.30% or +21.04 point.