The U.S. Dollar Index is trading at 94.79 up with +0.11% percent or +0.10 point.The Dow Futures is trading at 26,463.00 with a loss of -0.30% percent or -80.00 point. The S&P 500 Futures is trading at 3,216.38 with a loss of -0.34% percent or -11.12 point.The Nasdaq Futures is trading at 10,456.90 with a loss of -0.87% percent or -91.37 point.
TODAY’S FACTORS AND EVENTS
The dollar slumped to its lowest in nearly two years on Thursday, as investors continued to sell the greenback on expectations a surge in coronavirus cases will make it difficult for the U.S. economy to outperform its peers.
By contrast, the euro rose to its highest since early October 2018 after breaching the technically important $1.16 level on Wednesday and was up for a fifth straight day against the dollar, still basking in the glow of the European recovery fund approved earlier this week.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,652.33 with a loss of -1.31% percent or -353.51 point. The S&P 500 is trading at 3,235.66 with a loss of –1.23% percent or ?40.36 point. The Nasdaq Composite is trading at 10,461.42 with a loss of -2.29% percent or ?244.71 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,490.20 up with +0.00% percent or +0.06 point; the S&P 600 Small-Cap Index closed at 866.14 up with +0.64% percent or +5.50 point; the S&P 400 Mid-Cap Index closed at 1,864.65 up with +0.12% percent or +2.25 point; the S&P 100 Index closed at 1,483.69 with a loss of –1.71% percent or -25.74 point; the Russell 3000 Index closed at 1,891.12 with a loss of –1.16% percent or -22.19 point; the Russell 1000 Index closed at 1,796.38 with a loss of –1.23% or -22.36 point.