U.S. Dollar Getting Murdered
.S. stock-index futures fell and the Dollar Index dropped to a three-year low as reports showed the economy slowed more than forecast and jobless claims unexpectedly rose. Gold climbed to a record.
Standard & Poor’s 500 Index futures declined 0.2 percent at 8:45 a.m. in New York, and the Stoxx Europe 600 Index gained less than 0.1 percent. The Dollar Index retreated for an eighth day, the longest losing streak since March 2009, slipping 0.4 percent to 73.193. Gold jumped to $1,534.05 an ounce and copper rose 0.7 percent.