The U.S.Dollar Index is trading at 93.06 up with +0.05% percent or +0.05 point.The Dow Futures is trading at 28,233.50 with a loss of -0.28% percent or -78.50 point. The S&P 500 Futures is trading at 3,473.12 with a loss of -0.20% percent or -0.20% point.The Nasdaq Futures is trading at 11,968.60 with a loss of -0.19% percent or -22.63 point.
TODAY’S FACTORS AND EVENTS
The dollar wallowed near its lowest level for the week on Thursday as investors looked for hints from Federal Reserve Chairman Jerome Powell that the central bank might tweak its policy framework to help push up inflation.
Powell is scheduled to address the Fed’s annual central bankers’ conference later in the day, usually held in Jackson Hole, Wyoming, but being conducted virtually this year because of the ongoing Covid-19 pandemic.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 28,331.92 up with +0.30% percent or +83.48 point. The S&P 500 is trading at 3,478.73 up with +1.02% percent or +35.11 point. The Nasdaq Composite is trading at 11,665.06 up with +1.73%percent or +198.59 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,560.19 with a loss of -0.70% percent or -11.02 point; the S&P 600 Small-Cap Index closed at 902.38 with a loss of -0.88% percent or -7.97 point; the S&P 400 Mid-Cap Index closed at 1,928.63 with a loss of –0.37% percent or −7.10 point; the S&P 100 Index closed at 1,629.28 up with +1.52% percent or +24.40 point; the Russell 3000 Index closed at 2,029.42 up with +0.93% percent or +18.80 point; the Russell 1000 Index closed at 1,930.57 up with +1.03% or +19.73 point.