The U.S. Dollar Index is trading at 97.64 up with +0.17% percent or +0.17 point.The Dow Futures is trading at 21,904.50 up with +3.89% percent or +819.50 point. The S&P 500 Futures is trading at 2,569.00 up with +4.05% percent or +100.00 point.The Nasdaq Futures is trading at 7,550.38 up with +4.64% percent or +335.13 point.
TODAY’S FACTORS AND EVENTS
The dollar stood tall on Friday as investors rushed to buy the currency amid deepening panic over the coronavirus epidemic, while the euro nursed losses after the European Central Bank underwhelmed investors by not cutting rates.
The greenback held gains against most currencies after a blowout in swap spreads on Thursday signalled that investors want dollars.
Equity markets in Europe clawed back some ground in early trading to steady nerves after plunging on Thursday.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 21,200.62 with a loss of –9.99% percent or –2,352.60 point. The S&P 500 is trading at 2,480.64 with a loss of –9.51% percent or –260.74 point. The Nasdaq Composite is trading at 7,201.80 with a loss of –9.43% percent or –750.25 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,122.93 with a loss of -11.18% percent or –141.37 point; the S&P 600 Small-Cap Index closed at 671.30 with a loss of -11.38% percent or -86.23 point; the S&P 400 Mid-Cap Index closed at 1,426.74 with a loss of –9.97% percent or -157.93 point; the S&P 100 Index closed at 1,123.43 with a loss of –9.32% percent or -115.41 point; the Russell 3000 Index closed at 1,435.94 with a loss of –9.66% percent or –153.55 point; the Russell 1000 Index closed at 1,364.66 with a loss of –9.57% or -144.34 point.