Wall Street Preview: Futures Trade Lower as Investors Brace for Hurricane Irma

The U.S. dollar hovered near a two-and-a-half year low on Friday
By Edward Hardy ,

U.S. stock futures traded lower on Friday, Sept. 8, as Hurricane Irma made its way toward Florida and investors feared the possibility of a missile launch in North Korea over the weekend.

According to reports, North Korea has been preparing for another test of an intercontinental ballistic missile, perhaps to mark the country's founder's day on Saturday, Sept. 9.

The U.S. dollar hovered near a two-and-a-half year low on Friday as investors tracked Irma and counted the ultimate cost of this year's historic storm season on the world's biggest economy.

The dollar index, which measures the greenback's strength against a basket of six global currencies, slipped to 91.08 in overnight Asia trading, the lowest level since January 2015. Most recently, the dollar index traded at 91.12.

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