The U.S. Dollar Index is trading at 97.81 with a loss of -0.12% percent or -0.12 point. The Dow Futures is trading at 27,794.00 with a loss of -0.02% percent or -6.00 point. The S&P 500 Futures is trading at 3,106.88 with a loss of -0.07% percent or -2.12 point. The Nasdaq Futures is trading at 8,283.38 with a loss of -0.10% percent or -8.37 point.
TODAY’S FACTORS AND EVENTS
The Japanese yen firmed against the dollar on Thursday after sources close to the White House told Reuters that a U.S.-China trade deal is unlikely this year, shattering investor hopes of a partial agreement soon and boosting safe-haven assets.
The Chinese yuan fell to a three-week low in onshore trade on concern that a failure to reach a deal to roll back U.S. tariffs could deal a fresh blow to China’s stuttering economy.
Political tensions between Beijing and Washington also kept investors on edge after a source told Reuters that U.S. President Donald Trump is expected to sign into law two bills intended to support anti-government protesters in Hong Kong.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 27,821.09 with a loss of –0.40% percent or –112.93 point. The S&P 500 is trading at 3,108.46 with a loss of –0.38% percent or –11.72 point. The Nasdaq Composite is trading at 8,526.73 with a loss of –0.51% percent or –43.93 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,591.61 with a loss of –0.42% percent or -6.68 point; the S&P 600 Small-Cap Index closed at 974.03 with a loss of –0.63% percent or -6.18 point; the S&P 400 Mid-Cap Index closed at 1,994.17 with a loss of –0.36% percent or -7.18 point; the S&P 100 Index closed at 1,382.01 with a loss of –0.40% percent or -5.58 point; the Russell 3000 Index closed at 1,821.75 with a loss of –0.34% percent or -6.14 point; the Russell 1000 Index closed at 1,718.83 with a loss of –0.33% or -5.70 point.