The U.S. Dollar Index is trading at 100.48 up with +0.24% percent or +0.24 point.The Dow Futures is trading at 23,078.00 with a loss of -0.38% percent or -88.00 point. The S&P 500 Futures is trading at 2,803.38 with a loss of -0.34% percent or -9.62 point.The Nasdaq Futures is trading at 8,966.12 with a loss of -0.29% percent or -26.13 point.
TODAY’S FACTORS AND EVENTS
The dollar strengthened towards a three-week high on Thursday as stock markets weakened broadly after Federal Reserve Chairman Jerome Powell dismissed speculation about negative interest rates.
European stock markets were down more than 1% while U.S. stock futures indicated a negative start for Wall Street, pointing to a third consecutive session of losses and sending investors to the relative safety of the greenback.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 23,247.97 with a loss of -2.17% percent or -516.81 point. The S&P 500 is trading at 2,820.00 with a loss of –1.75% percent or -50.12 point. The Nasdaq Composite is trading at 8,863.17 with a loss of -1.55% percent or -139.38 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,233.25 with a loss of -3.32% percent or -42.29 point; the S&P 600 Small-Cap Index closed at 700.59 with a loss of –3.86% percent or −28.15 point; the S&P 400 Mid-Cap Index closed at 1,550.70 with a loss of –3.37% percent or -54.10 point; the S&P 100 Index closed at 1,302.87 with a loss of –1.51% percent or -20.00 point; the Russell 3000 Index closed at 1,630.37 with a loss of –1.95% percent or -32.44 point; the Russell 1000 Index closed at 1,552.57 with a loss of –1.87% or -29.55 point.