US equity indexes closed rather powerfully higher, SPX +136pts (1.8%) at 7736. Nasdaq comp' +2.6%. Dow +1.7%. The Transports settled +2.6%. R2K +1.8%
SPX – daily
VIX – daily
Summary
US equities powered upward for a second day, the SPX printing a new hist' high of 7758, and settling at 7736, Volatility was a little higher, the VIX settling +4.0% to 16.50. -
US equity indexes began August on a strong note, SPX +110pts (1.5%) at 7600. Nasdaq comp' +2.1%. Dow +1.3%. The Transports settled +0.9%. R2K +1.7%
SPX – daily
VIX – daily
Summary
US equities opened moderately higher, with a distinct surge in the first half hour, the SPX battling upward across the day to 7610, and settling at 7600.
Volatility was ground lower, the VIX settling -0.8% to 15.86. -
It was a very mixed month for world equity markets, with net monthly changes
ranging from +3.6% (Brazil), +2.5% (Germany), +2.1% (India), +1.7% (Australia), +1.0% (South Africa), +0.3% (USA), -5.3%
(Russia), -6.4% (China), -8.1% (Japan), to -22.2% (South Korea).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - MOEX
India – SENSEX
China – Shanghai comp'
South Africa – Dow
South Korea - Kospi
Australia – AORD
–
Summary
Six world equity markets were higher for July, with four net lower.
Brazil was powerfully higher, whilst South Korea crashed.
The USA and German markets broke new historic highs.
The USA, German, Japanese, Brazilian, and Australian markets are trading above their respective monthly 10MA.
The USA, Japan, Brazil, and Chinese markets have positive monthly momentum.