Share 'SMF Notes Early Floor Talk: Dollar strength weighs on futures'

Equity futures are modestly lower this morning, with S&P futures -5 vs. fair value and DJ futures -38. The weaker bias comes on a stronger dollar, which has recently been a very good inverse indicator for stocks/commodities. The dollar had pulled back to the flat line from overnight highs, but it is now moving back toward those highs, with the dollar index (DXY) now +0.235 at 77.943. Strength…