The U.S.Dollar Index is trading at 89.70 with a loss of -0.19% percent or -0.17 point.The Dow Futures is trading at 30,134.00 up with +0.10%percent or +30.00 point. The S&P 500 Futures is trading at 3,696.88 up with +0.13% percent or +4.63 point.The Nasdaq Futures is trading at 12,695.50 up with +0.08% percent or +10.00 point.
TODAY’S FACTORS AND EVENTS
The dollar fell against major peers on Tuesday as China set the official yuan exchange rate at the strongest since abandoning its peg in 2005, which helped support demand for other units.
The Australian dollar led gains in major currencies as the move by the People’s Bank of China (PBOC) encouraged broad dollar selling.
Earlier, the greenback had found support as concerns about surging Covid-19 cases and uncertainty about U.S. runoff elections in Georgia spurred a retreat in U.S. stocks from record highs to start the year and kindled demand for safer assets.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 30,223.89 with a loss of –percent or –382.59 point. The S&P 500 is trading at 3,700.65 with a loss of – percent or –55.42 point. The Nasdaq Composite is trading at 12,698.45 with a loss of – percent or -189.83 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,945.91 with a loss of -1.47% percent or -28.94 point; the S&P 600 Small-Cap Index closed at 1,106.93 with a loss of – percent or −12.00 point; the S&P 400 Mid-Cap Index closed at 2,269.45 with a loss of – percent or −37.17 point; the S&P 100 Index closed at 1,696.86 with a loss of – percent or −23.64 point; the Russell 3000 Index closed at 2,215.42 with a loss of – percent or −33.01 point; the Russell 1000 Index closed at 2,089.72 with a loss of –or −31.15 point