The U.S. Dollar Index is trading at 98.30 up with +0.03% percent or +0.04 point. The Dow Futures is trading at 27,143.00 up with +0.24% percent or +65.00 point. The S&P 500 Futures is trading at 3,015.62 up with +0.25% percent or +7.62 point. The Nasdaq Futures is trading at 7,943.00 up with +0.32% percent or +25.00 point.
TODAY’S FACTORS AND EVENTS
The dollar edged lower on Friday and was headed for a third straight week of losses as expectations of a breakthrough in trade tensions between Washington and Beijing fuelled a revival in risk appetite.
The losses came after the Federal Reserve cut interest rats by a quarter-point rate, compounded by a spike in overnight U.S. repo rates this week, which cut into demand for dollars.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 27,094.79 with a loss of – percent or –52.29 point. The S&P 500 is trading at 3,006.79 up with + percent or +0.060 point. The Nasdaq Composite is trading at 8,182.88 up with + percent or +5.49 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,561.47 with a loss of – percent or –6.87 point; the S&P 600 Small-Cap Index closed at 965.34 with a loss of – percent or –5.00 point; the S&P 400 Mid-Cap Index closed at 1,949.66 with a loss of percent or –3.77 point; the S&P 100 Index closed at 1,328.66 up with + percent or +0.54 point; the Russell 3000 Index closed at 1,763.28 with a loss of – percent or –0.50 point; the Russell 1000 Index closed at 1,662.08 up with or +0.0046 point.