According to Reuters, the US dollar surged to a 16-month high compared to other currencies around the world. The US dollar index rose by six-tenths of a percent, peaking at 97.52. The dollar index hasn't been that high since mid-May, 2017. But the euro fell eight-tenths of a percent against the dollar, down to $1.12. Despite the dollar's rising strength, stocks on Wall Street were down. By noon on Nov. 12th, the Dow Jones Industrial Average was down almost 500-points, with the Nasdaq Composite losing 183-points, while the S&P 500 lost 45-points.
