The U.S. Dollar Index is trading at 98.54 with a loss of -0.10% percent or -0.09 point. The Dow Futures is trading at 27,206.00 up with +0.23% percent or +62.00 point. The S&P 500 Futures is trading at 3,007.62 up with +0.19% percent or +5.62 point. The Nasdaq Futures is trading at 7,923.50 up with +0.43% percent or +33.75 point.
TODAY’S FACTORS AND EVENTS
The euro hovered near $1.10 on Thursday as traders prepared for the European Central Bank to unveil an expected stimulus package, while China’s yuan and Australia’s dollar rallied on further signs of a thaw in the U.S.-China trade war.
Investors expect a rate cut at Thursday’s meeting as the ECB tries to prop up the region’s ailing economy. The real uncertainty is whether policymakers restart a quantitative easing (QE) programme after some ECB members expressed doubt in recent weeks about the need to relaunch asset purchases.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 27,137.04 up with +0.85% percent or +227.61 point. The S&P 500 is trading at 3,000.93 up with +0.72% percent or +21.54 point. The Nasdaq Composite is trading at 8,169.68 up with +1.06% percent or +85.52 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,575.71 up with +2.12% percent or +32.72 point; the S&P 600 Small-Cap Index closed at 974.99 up with +2.10% percent or +20.08 point; the S&P 400 Mid-Cap Index closed at 1,964.11 up with +1.36% percent or +26.31 point; the S&P 100 Index closed at 1,327.87 up with +0.79% percent or +10.43 point; the Russell 3000 Index closed at 1,761.06 up with +0.85% percent or +14.80 point; the Russell 1000 Index closed at 1,658.78 up with +0.76% or +12.49 point.