The U.S. Dollar Index is trading at 97.320 with a loss of -0.040% percent or -0.039 point.The Dow Futures is trading at 29,209.50 witha loss of -0.24% percent or -69.50 point. The S&P 500 Futures is trading at 3,312.88 with a loss of -0.36% percent or -12.12 point.The Nasdaq Futures is trading at 9,131.38 with a loss of -0.47% percent or -43.12 point.
TODAY’S FACTORS AND EVENTS
China’s yuan tumbled on Tuesday, pulling away from six-month highs against the dollar, while the yen rallied as the spread of a pneumonia-like virus in China sparked a sudden bout of risk aversion and rattled world markets.
China reported a fourth death from a new coronavirus as the number of cases continued to rise, just as hundreds of millions of Chinese prepared to travel for the Lunar New Year holiday.
Global stocks fell as the outbreak rekindled memories of the Severe Acute Respiratory Syndrome (SARS) in 2002/2003, another coronavirus which broke out in China and killed nearly 800 people in a global pandemic.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 29,348.10 up with +0.17% percent or +50.46 point. The S&P 500 is trading at 3,329.62 up with +0.39% percent or +12.81 point. The Nasdaq Composite is trading at 9,388.94 up with +0.34% percent or +31.81 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,699.64 with +0.00% percent or +0.00 point; the S&P 600 Small-Cap Index closed at 1,039.28 with a loss of –0.17% percent or −1.75 point; the S&P 400 Mid-Cap Index closed at 2,095.55 with a loss of –0.23% percent or -4.79 point; the S&P 100 Index closed at 1,489.62 up with +0.41% percent or +6.11 point; the Russell 3000 Index closed at 1,949.87 up with +0.29% percent or +5.63 point; the Russell 1000 Index closed at 1,840.01 up with +0.33% or +6.10 point.