The U.S. Dollar Index is trading at 97.71 up with -0.29% percent or -0.29 point. The Dow Futures is trading at 27,030.50 up with +0.34% percent or +90.50 point. The S&P 500 Futures is trading at 3,002.12 up with +0.36% percent or +10.62 point. The Nasdaq Futures is trading at 7,984.38 up with +0.45% percent or +35.88 point.
TODAY’S FACTORS AND EVENTS
The U.S. dollar fell across the board on Wednesday after dismal U.S. retail sales data painted a gloomy picture of the economy and supported the case for further interest rate cuts by the Federal Reserve.
The dollar index, which measures the U.S. currency against six major currencies, was down 0.1% at 98.188.
U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 27,001.98 with a loss of –0.084% percent or –22.82 point. The S&P 500 is trading at 2,989.69 with a loss –0.20% percent or –5.99 point. The Nasdaq Composite is trading at 8,124.18 with a loss of –0.30% percent or –24.52 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,525.06 up with +0.12% percent or +1.76 point; the S&P 600 Small-Cap Index closed at 945.05 up with +0.29% percent or +2.73 point; the S&P 400 Mid-Cap Index closed at 1,922.40 with a loss of –0.099% percent or -1.91 point; the S&P 100 Index closed at 1,326.73 with a loss of –0.13% percent or –1.70 point; the Russell 3000 Index closed at 1,748.90 with a loss of –0.23% percent or –4.07 point; the Russell 1000 Index closed at 1,650.31 with a loss of –0.26% or -0.26% point.