The U.S. Dollar Index is trading at 98.45 up with +0.19% percent or +0.18 point. The Dow Futures is trading at 27,084.50 with a loss of -0.09% percent or -25.50 point. The S&P 500 Futures is trading at 3,004.38 with a loss of -0.12% percent or -3.62 point. The Nasdaq Futures is trading at 7,903.00 with a loss of -0.15% percent or -11.50 point.
TODAY’S FACTORS AND EVENTS
The dollar held near a seven-week high against the Japanese yen on Wednesday before the outcome of a Federal Reserve meeting where officials are widely expected to cut interest rates by a quarter of a percentage point.
“The focus will be on the policy outlook and the Fed’s dot plots, and with market positioning broadly neutral, it should be a quiet session for the dollar,” said Thu Lan Nguyen, a currency strategist at Commerzbank in Frankfurt.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 27,110.80 up with + percent or +33.98 point. The S&P 500 is trading at 3,005.70 up with + percent or +7.74 point. The Nasdaq Composite is trading at 8,186.02 up with + percent or +32.47 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,578.29 with a loss of – percent or –6.31 point; the S&P 600 Small-Cap Index closed at 976.60 with a loss of – percent or –2.59 point; the S&P 400 Mid-Cap Index closed at 1,959.49 with a loss of percent or –6.60 point; the S&P 100 Index closed at 1,327.12 up with + percent or +2.82 point; the Russell 3000 Index closed at 1,764.50 up with + percent or +3.81 point; the Russell 1000 Index closed at 1,662.06 up with or +4.31 point.