The U.S. Dollar Index is trading at 98.62 with a loss of -0.06% percent or -0.06 point.The Dow Futures is trading at 29,051.50 up with +0.03% percent or +7.50 point. The S&P 500 Futures is trading at 3,327.25 up with +0.05% percent or +1.75 point.The Nasdaq Futures is trading at 9,423.25 up with +0.15% percent or +13.75 point.
TODAY’S FACTORS AND EVENTS
The dollar rallied to a four-month high versus a basket of major currencies on Friday, bolstered by a strong U.S. non-farm payrolls report that followed a spate of upbeat economic reports this week, a scenario which should keep interest rates steady for now.
The U.S. currency also hit a two-month high against sterling and the Canadian dollar, a six-week peak versus the Swiss franc and a four-month high against the euro. However, the dollar fell against the safe-haven yen, but that was more related to fears about the coronavirus outbreak in China.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 29,102.51 with a loss of –0.94% percent or –277.26 point. The S&P 500 is trading at 3,327.71 with a loss of –0.54% percent or –18.07 point. The Nasdaq Composite is trading at 9,520.51 with a loss of –0.54% percent or –51.64 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,656.78 with a loss of -1.23% percent or −20.68 point; the S&P 600 Small-Cap Index closed at 1,002.05 with a loss of –1.44% percent or –14.61 point; the S&P 400 Mid-Cap Index closed at 2,049.30 with a loss of –0.99% percent or –20.39 point; the S&P 100 Index closed at 1,498.07 with a loss of –0.40% percent or –6.07 point; the Russell 3000 Index closed at 1,946.35 with a loss of –0.58% percent or –11.42 point; the Russell 1000 Index closed at 1,839.68 with a loss of –0.54% or –9.97 point.