The U.S. Dollar Index is trading at 101.21 with a loss of -1.25% percent or -1.28 point.The Dow Futures is trading at 19,427.50 up with +5.03% percent or +930.50 point. The S&P 500 Futures is trading at 2,333.62 up with +5.09% percent or +113.12 point.The Nasdaq Futures is trading at 7,359.75 up with +5.37% percent or +375.25 point.
TODAY’S FACTORS AND EVENTS
The dollar slipped for a second consecutive day on Tuesday after the U.S. Federal Reserve unveiled fresh measures to supply precious liquidity into funding markets, sending risky currencies such as the Australian dollar soaring.
The Fed announced unlimited quantitative easing and programs to support credit markets on Monday in a drastic bid to backstop an economy reeling from emergency restrictions on commerce to fight the coronavirus.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 18,591.93 with a loss of –3.04% percent or –582.05 point. The S&P 500 is trading at 2,237.40 with a loss of –2.93% percent or –67.52 point. The Nasdaq Composite is trading at 6,860.67 with a loss of –0.27% percent or –18.84 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,002.42 with a loss of –1.13% percent or -11.47 point; the S&P 600 Small-Cap Index closed at 595.67 with a loss of -1.48% percent or -8.92 point; the S&P 400 Mid-Cap Index closed at 1,218.55 with a loss of -3.19% percent or –40.18 point; the S&P 100 Index closed at 1,040.00 with a loss of –2.41% percent or -25.65 point; the Russell 3000 Index closed at 1,288.04 with a loss of –2.77% percent or -36.76 point; the Russell 1000 Index closed at 1,224.45 with a loss of –2.87% or -36.24 point.