The U.S. Dollar Index is trading at 100.01 with a loss of -0.36% percent or -0.37 point.The Dow Futures is trading at 23,871.00 up with +0.90% percent or +213.00 point. The S&P 500 Futures is trading at 2,854.88 up with +0.90% percent or +25.38 point.The Nasdaq Futures is trading at 8,875.25 up with +1.21% percent or +106.25 point.
TODAY’S FACTORS AND EVENTS
The U.S. dollar fell across the board on Monday as traders turned more positive and less averse to risk amid an easing in coronavirus lockdown restrictions in several countries.
The U.S. dollar was weaker against the Japanese yen and the euro as investors turned slightly more positive on Italy and saw the Bank of Japan continuing to support an economy battered by the virus.
Credit rating agency S&P reaffirmed on Friday Italy’s BBB rating, in spite of what many had expected – a downgrade – supporting the common currency as this limits the escalation of an economic and political crisis on the continent.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 23,775.27 up with +1.11% percent or +260.01 point. The S&P 500 is trading at 2,836.74 up with +1.39% percent or +38.94 point. The Nasdaq Composite is trading at 8,634.52 up with +1.65% percent or +139.77 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,233.05 up with 1.56% percent or +18.99 point; the S&P 600 Small-Cap Index closed at 715.14 up with +1.08% percent or +7.65 point; the S&P 400 Mid-Cap Index closed at 1,550.37 up with +1.40% percent or +21.36 point; the S&P 100 Index closed at 1,306.32 up with +1.37% percent or +17.68 point; the Russell 3000 Index closed at 1,634.12 up with +1.41% percent or +22.66 point; the Russell 1000 Index closed at 1,556.37 up with 1.40% or +21.44 point.