The U.S. Dollar Index is trading at 100.42 with a loss of -0.02% percent or -0.02 point.The Dow Futures is trading at 23,493.00 up with +0.67% percent or +156.00 point. The S&P 500 Futures is trading at 2,797.62 up with +0.61% percent or +16.87 point.The Nasdaq Futures is trading at 8,633.50 up with +0.40% percent or +34.75 point.
TODAY’S FACTORS AND EVENTS
The dollar was headed for its best week since early April on Friday, as tumbling oil prices weighed on commodity currencies and division over Europe’s emergency fund dragged on the euro.
The dollar stands near a two-and-a-half week high against a basket of currencies and is 0.8% stronger for the week. It is up nearly 3% against the oil-sensitive Norwegian krone and about 1% on the euro.
Morning moves were modest and led by a drift lower in the Australian and New Zealand dollars as traders were unnerved by inconclusive results from a Gilead antiviral drug trial and looking to headlines for further direction.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 23,515.26 up with +0.17% percent or +39.44 point. The S&P 500 is trading at 2,797.80 with a loss of –0.054% percent or –1.51 point. The Nasdaq Composite is trading at 8,494.75 with a loss of –0.0074%% percent or –0.63 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,214.06 up with 1.04% percent or +12.54 point; the S&P 600 Small-Cap Index closed at 707.49 up with +1.25% percent or +8.75 point; the S&P 400 Mid-Cap Index closed at 1,529.01 up with +1.07% percent or +16.15 point; the S&P 100 Index closed at 1,288.64 up with +0.020% percent or +0.26 point; the Russell 3000 Index closed at 1,611.46 up with +0.057% percent or +0.93 point; the Russell 1000 Index closed at 1,534.93 with a loss of –0.00072%or -0.011 point.