Dollar Index Update as on 27 Feb 2020

The U.S. Dollar Index is trading at 98.81 with a loss of -0.19% percent or -0.20 point.The Dow Futures is trading at 26,699.00 with a loss of -0.80% percent or -215.00 point. The S&P 500 Futures is trading at 3,087.12 with a loss of -0.74% percent or -23.13 point.The Nasdaq Futures is trading at 8,787.75 with a loss of -0.71% percent or -62.50 point.


The dollar fell on Thursday as Treasury yields continued to plumb new lows and investors bet the Federal Reserve would cut interest rates to offset the impact of a spreading coronavirus, while the euro bounced half a percent higher.

Money markets are now fully pricing in a 25 basis point cut in the Fed’s rate by April and three by March next year.

Expectations for a European Central Bank rate cut have also risen: money markets are now pricing in a more than 80% chance of a 10 basis point rate cut in July.


For the day the Dow is trading at 26,957.59 with a loss of –0.46% percent or –123.77  point. The S&P 500 is trading at 3,116.39 with a loss of –0.38% percent or –11.82 point. The Nasdaq Composite is trading at 8,980.77 up with +0.17% percent or +15.16 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,552.76 with a loss of –1.22% percent or -19.14 point; the S&P 600 Small-Cap Index closed at 935.03  with a loss of –1.26% percent or –11.89  point; the S&P 400 Mid-Cap Index closed at 1,921.97 with a loss of –1.54% percent or −29.97 point; the S&P 100 Index closed at 1,395.45 with a loss of –0.19% percent or –2.67 point; the Russell 3000 Index closed at 1,824.74 with a loss of –0.54% percent or  –9.85 point; the Russell 1000 Index closed at 1,724.76 with a loss of –0.49% or –8.50 point

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