The U.S.Dollar Index is trading at 89.68 +with 0.17% percent or +0.14 point.The Dow Futures is trading at 30,804.00 up with +0.27% percent or +84.00 point. The S&P 500 Futures is trading at 3,756.38 up with +0.42% percent or +15.88 point.The Nasdaq Futures is trading at 12,680.10 up with +0.50% percent or +63.37 point.
TODAY’S FACTORS AND EVENTS
The dollar languished near its lowest level in nearly three years on Thursday after Democrats won control of the U.S. Senate, clearing the way for a larger fiscal stimulus under President-elect Joe Biden.
Currency markets were largely unperturbed by scenes of chaos in Washington as supporters of outgoing President Donald Trump stormed Capitol Hill.
Analysts generally assume a Democrat-controlled Senate would be a net positive for economic growth globally and thus for most risk assets, but negative for bonds and the dollar as the U.S. budget and trade deficits may widen further.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 30,829.40 up with percent or +437.80 point. The S&P 500 is trading at 3,748.14 up with + percent or +21.28 point. The Nasdaq Composite is trading at 12,740.79 with a loss of – percent or -78.17 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 2,057.92 up with 3.98% percent or 78.81 point; the S&P 600 Small-Cap Index closed at 1,185.02 up with + percent or +53.99 point; the S&P 400 Mid-Cap Index closed at 2,392.96 up with + percent or +90.11 point; the S&P 100 Index closed at 1,706.75 with a loss of – percent or −1.47 point; the Russell 3000 Index closed at 2,252.35 up with percent or +18.65 point; the Russell 1000 Index closed at 2,118.64 up with +or +12.95 point