The U.S.Dollar Index is trading at 92.34 with a loss of -0.08% percent or -0.07 point.The Dow Futures is trading at 34,720.00 with a loss of -0.28% percent or -96.00 point.The S&P 500 Futures is trading at 4,363.38 with a loss of -0.10% percent or -4.37 point.The Nasdaq Futures is trading at 14,948.10 up with +0.38% percent or +56.37 point.
TODAY’S FACTORS AND EVENTS
The U.S. dollar fell on Wednesday after Federal Reserve Chair Jerome Powell said in remarks prepared for Congress that the economy was “still a ways off” from levels the central bank wanted to see before tapering its monetary support.
His comments came a day after data showed U.S. inflation hit its highest in more than 13 years last month, which lifted the greenback to just shy of its three-month high and sharpened the focus on when central banks around the world will begin withdrawing pandemic-era stimulus.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 34,933.23 up with +percent or +44.44 point. The S&P 500 is trading at 4,374.30 up with + percent or + point. The Nasdaq Composite is trading at 14,644.95 with a loss of percent or –32.70 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 2,202.36 with a loss of -1.63% percent or -36.51 point; the S&P 600 Small-Cap Index closed at 1,323.29 with a loss of –1.17% percent or -15.70 point; the S&P 400 Mid-Cap Index closed at 2,656.43 with a loss of – percent or −15.33 point; the S&P 100 Index closed at 2,015.96 up with + percent or +5.38 point; the Russell 3000 Index closed at 2,592.73 with a loss of –percent or −3.85 point; the Russell 1000 Index closed at 2,451.69 with a loss of or –1.11 point.