The U.S. Dollar Index is trading at 98.54 up with +0.22% percent or +0.21 point. The Dow Futures is trading at 26,933.00 up with +0.15% percent or +39.00 point. The S&P 500 Futures is trading at 2,979.88 up with +0.05% percent or +1.38 point. The Nasdaq Futures is trading at 7,816.00 up with +0.01% percent or +1.00 point.
TODAY’S FACTORS AND EVENTS
The Japanese yen fell on Wednesday as the rush into safe-haven assets during the summer continued to unwind on the back of rising risk appetite, while the euro paused before Thursday’s European Central Bank meeting.
The yen had rocketed towards a 2019 high as investors in August fretted about the prospect of a global recession and selloff. Forex traders often buy the yen in times of uncertainty because of Japan’s vast current account surplus and because they believe Japanese invest
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,909.43 up with +0.28% percent or +73.92 point. The S&P 500 is trading at 2,979.39 up with +0.032% percent or +0.96 point. The Nasdaq Composite is trading at 8,084.16 with a loss of –0.041% percent or –3.28 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,542.99 up with +1.23% percent or +18.76 point; the S&P 600 Small-Cap Index closed at 954.91 up with +1.22% percent or +11.52 point; the S&P 400 Mid-Cap Index closed at 1,937.80 up with +0.59% percent or +11.34 point; the S&P 100 Index closed at 1,317.44 up with +0.050% percent or +0.66 point; the Russell 3000 Index closed at 1,746.26 up with +0.11% percent or +1.88 point; the Russell 1000 Index closed at 1,646.30 up with +0.030% or +0.50 point.