The U.S.Dollar Index is trading at 90.57 with a loss of -0.16% percent or -0.13 point.The Dow Futures is trading at 30,054.00 up with +0.41% percent or +122.00 point. The S&P 500 Futures is trading at 3,674.88 up with +0.28% percent or +10.38 point.The Nasdaq Futures is trading at 12,502.40 with +0.32% percent or +40.13 point.
TODAY’S FACTORS AND EVENTS
The euro was headed for its best week in a month on Friday and has blown past major resistance levels as investors piled into bets the U.S. dollar has further to fall while the world begins to emerge from the Covid-19 pandemic.
The common currency is up 1.5% for the week so far and last sat comfortably at $1.2145.
Having finally breached $1.2000 after multiple attempts, momentum funds have surged in to long positions. The next serious chart resistance level is not until $1.2555.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 29,969.52 up with +percent or +85.73 point. The S&P 500 is trading at 3,666.72 with a loss of – percent or – point. The Nasdaq Composite is trading at 12,377.18 up with + percent or +27.82 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,848.70 up with +0.58% percent or +10.67 point; the S&P 600 Small-Cap Index closed at 1,059.03 up with + percent or point; the S&P 400 Mid-Cap Index closed at 2,203.48 up with + percent or +11.61 point; the S&P 100 Index closed at 1,682.24 with a loss of – percent or −2.78 point; the Russell 3000 Index closed at 2,181.57 up with +percent or +2.45 point; the Russell 1000 Index closed at 2,062.73 up with +or +1.68 point