The U.S. Dollar Index is trading at 99.98 up with +0.20% percent or +0.20 point.The Dow Futures is trading at 23,698.00 with a loss of -1.91% percent or -461.00 point. The S&P 500 Futures is trading at 2,816.12 with a loss of -1.88% percent or -53.88 point.The Nasdaq Futures is trading at 8,707.00 with a loss of -1.16% percent or -102.00 point.
TODAY’S FACTORS AND EVENTS
The dollar found support on Monday and a rally in riskier currencies lost steam, as investors braced for more dire news on the fallout from the coronavirus and governments across the globe moved only cautiously toward an economic re-start.
Major currencies were mostly rangebound, though the risk-sensitive Australian and New Zealand dollars and the oil-sensitive Canadian dollar led losses with falls of around 0.3%.
Oil, U.S. stock futures and Asian equities were also softer as caution took hold after two weeks of looking on the bright side.
“Hurdles facing optimists are very substantial,” said Sean Callow, Westpac FX analyst in Sydney.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,242.49 up with 2.99% percent or +704.81 point. The S&P 500 is trading at 2,874.56 up with +2.68% percent or +75.01 point. The Nasdaq Composite is trading at 8,650.14 up with +1.38% percent or +117.78 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,229.10 up with +4.33% percent or +51.01 point; the S&P 600 Small-Cap Index closed at 722.58 with 4.51% percent or +31.16 point; the S&P 400 Mid-Cap Index closed at 1,561.43 up with +3.71%percent or +55.79 point; the S&P 100 Index closed at 1,320.68 up with +2.15% percent or +27.78 point; the Russell 3000 Index closed at 1,653.16 up with +2.87% percent or +46.13 point; the Russell 1000 Index closed at 1,575.88 up with 2.79%or +42.72 point.