The U.S. Dollar Index is trading at 93.53 with a loss of -0.18% percent or -0.16 point.The Dow Futures is trading at 26,300.00 up with +0.01% percent or +3.00 point. The S&P 500 Futures is trading at 3,218.12 up with +0.16% percent or +5.12 point.The Nasdaq Futures is trading at 10,589.60 up with +0.47% percent or +49.62 point.
TODAY’S FACTORS AND EVENTS
The dollar languished near two-year lows on Wednesday as the United States struggled to contain a spike in coronavirus cases, dashing hopes for a quick economic recovery.
The dour outlook for the world’s largest economy is expected to see the U.S. Federal Reserve sticking to a dovish stance at its policy review later in the day, with dollar bears betting it could hint of other ways to loosen policy further down the road.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,379.28 with a loss of -0.77% percent or -205.49 point. The S&P 500 is trading at 3,218.44 with a loss of –0.65% percent or -20.97 point. The Nasdaq Composite is trading at 10,402.09 with a loss of -1.27% percent or -134.18 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,469.76 with a loss of –1.00% percent or -14.90 point; the S&P 600 Small-Cap Index closed at 855.41 with a loss of –0.74% percent or -6.42 point; the S&P 400 Mid-Cap Index closed at 1,848.74 with a loss of -0.99% percent or -18.53 point; the S&P 100 Index closed at 1,477.10 with a loss of –0.61% percent or -9.00 point; the Russell 3000 Index closed at 1,879.67 with a loss of –0.71% percent or -13.43 point; the Russell 1000 Index closed at 1,786.32 with a loss of –0.69% or -12.45 point.