The U.S. Dollar Index is trading at 100.03 up with +0.33% percent or +0.33 point.The Dow Futures is trading at 23,951.00 up with +0.80% percent or +190.00 point. The S&P 500 Futures is trading at 2,880.88 up with +0.79% percent or +22.63 point.The Nasdaq Futures is trading at 8,994.62 up with +0.79% percent or +70.37 point.
TODAY’S FACTORS AND EVENTS
The dollar rose for a third session against most major currencies on Tuesday, in line with U.S. stocks, bolstered by the prospect of reopenings in some American states and countries around the world, as well as U.S. services data that was stronger than market expectations.
Some analysts said since the onset of the coronavirus pandemic in March, the dollar has developed a positive correlation with U.S. stocks. Typically, the dollar tends to rally when stocks are down and financial markets are under stress.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 23,883.09 up with +0.56% percent or +133.33 point. The S&P 500 is trading at 2,868.44 up with +0.90% percent or +25.70 point. The Nasdaq Composite is trading at 8,809.12 up with +1.13% percent or +98.41 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,273.51 up with +0.75% percent or +9.54 point; the S&P 600 Small-Cap Index closed at 738.71 up with +0.37% percent or +2.69 point; the S&P 400 Mid-Cap Index closed at 1,607.11 up with +0.98% percent or +15.61 point; the S&P 100 Index closed at 1,318.69 up with +0.83% percent or +10.88 point; the Russell 3000 Index closed at 1,658.61 up with +0.94% percent or +15.40 point; the Russell 1000 Index closed at 1,578.03 up with +0.95% or +14.83 point.