The U.S.Dollar Index is trading at 92.07 with +0.18% percent or +0.17 point.The Dow Futures is trading at 33,725.50 with a loss of -0.11% percent or -35.50 point.The S&P 500 Futures is trading at 4,207.12 with a loss of -0.16% percent or -6.63 point.The Nasdaq Futures is trading at 14,099.20 with a loss of -0.22% percent or -30.75 point.
TODAY’S FACTORS AND EVENTS
The dollar retreated from two-month highs on Monday as investors evaluated whether a perceived hawkish tilt by the Federal Reserve last week will mark a pause in the dollar bear trend that has been in play since March 2020.
The dollar has surged since the U.S. central bank on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the U.S. central bank will let inflation run at higher levels for a longer time before hiking rates.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 33,876.97 up with +percent or +586.89 point. The S&P 500 is trading at 4,224.79 up with + percent or +58.34 point. The Nasdaq Composite is trading at 14,141.48 with + percent or +111.10 point.
WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 2,286.09 up with +2.16% percent or +48.35 point; the S&P 600 Small-Cap Index closed at 1,360.88 with 2.27% percent or –30.21 point; the S&P 400 Mid-Cap Index closed at 2,671.85 up with + percent or +59.91 point; the S&P 100 Index closed at 1,928.24 up with + percent or +22.16 point; the Russell 3000 Index closed at 2,527.91 with percent or +35.55 point; the Russell 1000 Index closed at 2,379.78 up with + or +32.26 point.