The U.S. Dollar Index is trading at 97.63 with a loss of -0.01% percent or -0.01 point. The Dow Futures is trading at 26,790.00 up with +0.04% percent or +10.00 point. The S&P 500 Futures is trading at 3,007.62 up with +0.11% percent or +3.37 point. The Nasdaq Futures is trading at 7,942.38 up with +0.18% percent or +14.13 point.
TODAY’S FACTORS AND EVENTS
The pound nursed losses versus the dollar and the euro on Friday after Prime Minister Boris Johnson’s call for an election heightened uncertainty over Britain’s divorce from the European Union.
The British currency is likely to remain fragile ahead of a meeting later on Friday where European Union officials may decide how long they will extend Britain’s deadline to leave the EU beyond the current date of Oct. 31.
At this stage, an election looks unlikely because the main opposition Labor Party has withheld its support and other opposition parties have rejected the offer.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,805.53 with a loss of –0.11% percent or –28.42 point. The S&P 500 is trading at 3,010.29 up with +0.19% percent or +5.77 point. The Nasdaq Composite is trading at 8,185.80 up with +0.81% percent or +66.00 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.18 with a loss of -0.17% percent or -2.67 point; the S&P 600 Small-Cap Index closed at 961.55 with a loss of –0.24% percent or -2.27 point; the S&P 400 Mid-Cap Index closed at 1,949.60 up with +0.046% percent or +0.89 point; the S&P 100 Index closed at 1,333.22 with +0.17% percent or +2.25 point; the Russell 3000 Index closed at 1,762.62 up with +0.24% percent or +4.23 point; the Russell 1000 Index closed at 1,662.28 up with +0.27% or +4.46 point.