By InTheMoneyStocks on March 31st, 2010 9:28am Eastern Time
The U.S. Dollar index has declined sharply overnight. Normally when the dollar is lower to start the morning the stock index futures will be higher. This is not the case this morning as the stock index futures turned south after the ADP jobs report was below expectations. Generally a weak dollar will benefit the stock market by lifting most commodity and inflationary stocks. Therefore, if the dollar remains weak the downside today could be limited.
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