The U.S.Dollar Index is trading at 90.13 up with +0.14% percent or +0.12 point.The Dow Futures is trading at 31,472.00 up with +0.02% percent or +6.00 point.The S&P 500 Futures is trading at 3,867.12 with a loss of -0.16% percent or -6.38 point.The Nasdaq Futures is trading at 13,132.20 up with -0.70% percent or -92.00 point.
TODAY’S FACTORS AND EVENTS
The dollar nursed losses near a six-week low on Tuesday while commodity currencies loitered around multi-year highs, as investors’ focus shifted to how U.S. Federal Reserve chief Jerome Powell might respond to resurgent inflation expectations.
Surging prices for materials from oil and copper to lumber and milk powder have pushed currencies such as the Australian and New Zealand dollars to their highest in nearly three years.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 31,521.69 up with +0.087%percent or +27.37 point. The S&P 500 is trading at 3,876.50 with a loss of -0.77% percent or -30.21 point. The Nasdaq Composite is trading at 13,533.05 with a loss of -2.46% percent or ?341.42 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 2,251.07 with a loss of -0.69% percent or -15.62 point; the S&P 600 Small-Cap Index closed at 1,296.51 up with +0.60% percent or +7.74 point; the S&P 400 Mid-Cap Index closed at 2,527.02 with a loss of –0.33% percent or −8.37 point; the S&P 100 Index closed at 1,764.92 with a loss of -1.00% percent or −17.76 point; the Russell 3000 Index closed at 2,347.06 with a loss of –0.93%percent or -22.08 point; the Russell 1000 Index closed at 2,199.81 with a loss of –0.95%or −21.11 point