The U.S. Dollar Index is trading at 98.14 with a loss of -0.38% percent or –0.37 point.The Dow Futures is trading at 25,299.00 with a loss of -0.99% percent or –253.00 point. The S&P 500 Futures is trading at 2,930.62 with a loss of -0.89% percent or –26.38 point.The Nasdaq Futures is trading at 8,316.62 with a loss of –0.79% percent or –66.13 point.
TODAY’S FACTORS AND EVENTS
Volatility in the euro-dollar exchange rate surged to its highest in more than a year on Friday, as growing fears over a coronavirus outbreak raised recession fears and fueled big currency moves.
Hopes that the outbreak can be contained in China have been replaced this week by worries that infections are spreading around the globe. Measures to contain the virus have wreaked havoc on supply chains, the world’s economy and financial markets.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,766.64 with a loss of –4.42% percent or –1,190.95 point. The S&P 500 is trading at 2,978.76 with a loss of –4.42% 8percent or –137.63 point. The Nasdaq Composite is trading at 8,566.48 with a loss of –4.61% percent or –414.29 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,497.87 with a loss of -3.54% percent or –54.89point; the S&P 600 Small-Cap Index closed at 899.84 with a loss of –3.76% percent or –35.19 point; the S&P 400 Mid-Cap Index closed at 1,851.81 with a loss of –3.65%percent or −70.16 point; the S&P 100 Index closed at 1,331.58 with a loss of –4.58% percent or –63.87 point; the Russell 3000 Index closed at 1,745.71 with a loss of –4.33% percent or –79.03 point; the Russell 1000 Index closed at 1,649.14 with a loss of –4.38% or –75.62 point