The U.S.Dollar Index is trading at 92.78 up with +0.04% percent or +0.04 point.The Dow Futures is trading at 28,461.00 up with +0.39% percent or +110.00 point. The S&P 500 Futures is trading at 3,463.88 up with +0.07% percent or +2.38 point.The Nasdaq Futures is trading at 11,678.00 with a loss of -1.04% percent or -122.50 point.
TODAY’S FACTORS AND EVENTS
The dollar steadied against major currencies on Friday as traders awaited key U.S. jobs data that may cast doubt on the strength of economic recovery from the coronavirus outbreak.
The Australian dollar clawed back early losses and stabilized after the country’s retail sales accelerated in July, easing concern about the economy.
The greenback has managed to halt its recent slide, but analysts warn sentiment remains weak due to concern about the strength of U.S. economic growth and speculation that the Federal Reserve will keep rates low for a very long time.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 28,292.73 with a loss of -2.78% percent or -807.77 point. The S&P 500 is trading at 3,455.06 with a loss of –3.51% percent or -125.78 point. The Nasdaq Composite is trading at 11,458.10 with a loss of -4.96% percent or – 598.34 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,544.68 up with -2.99% percent or -47.61 point; the S&P 600 Small-Cap Index closed at 896.17 up with -2.61% percent or -24.03 point; the S&P 400 Mid-Cap Index closed at 1,905.84 with a loss of –3.08% percent or -60.61 point; the S&P 100 Index closed at 1,611.41 with a loss of –3.83% percent or 64.26 point; the Russell 3000 Index closed at 2,014.85 with a loss of -3.59% percent or -74.97 point; the Russell 1000 Index closed at 1,917.03 with a loss of –3.62% or −72.05 point.