The U.S. Dollar Index is trading at 98.00 up with +0.04% percent or +0.04 point.The Dow Futures is trading at 28,550.00 up with +0.24% percent or +69.00 point. The S&P 500 Futures is trading at 3,246.62 up with +0.22% percent or +7.12 point.The Nasdaq Futures is trading at 8,995.88 up with +0.46% percent or +41.38 point.
TODAY’S FACTORS AND EVENTS
The dollar held at a 8-week high against its rivals on Tuesday as investors focused on the economic fallout from a new coronavirus in China, though broader market sentiment stabilized with the Chinese yuan and the Australian dollar off early lows.
Global stocks and oil prices have tumbled in recent days on fears the virus could do further damage to China’s already weakened economy, an engine of global growth. Currency markets were subdued in early London trading as a two-day U.S. Federal Reserve meeting kicks off later on Tuesday.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 28,535.80 with a loss of –1.57% percent or –453.93 point. The S&P 500 is trading at 3,243.63 with a loss of –1.57% percent or -51.84 point. The Nasdaq Composite is trading at 9,139.31 with a loss of –1.89% percent or –175.60 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,644.14 with a loss of -1.09% percent or -18.09 point; the S&P 600 Small-Cap Index closed at 1,003.93 with a loss of –1.19% percent or 12.05 point; the S&P 400 Mid-Cap Index closed at 2,035.97 with –1.41% percent or -29.18 point; the S&P 100 Index closed at 1,451.20 with a loss of –1.58% percent or -23.24 point; the Russell 3000 Index closed at 1,899.62 with a loss of -1.53% percent or -29.50 point; the Russell 1000 Index closed at 1,793.47 with a loss of –1.56% or -28.41 point.