Failed bounce

US equity indexes mostly closed on a weak note, SPX -25pts (0.4%) at 6343. Nasdaq comp' -0.7%. Dow +0.1%. The Transports settled -0.8%. R2K -1.5%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, but the bulls could only manage 6427. From there... choppy cooling to break a new multi-month low of 6316, and settling moderately lower at 6343.

Volatility remained elevated, the VIX settling -1.4% at 30.61.  
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... around 7pm BST

 

... as the war continues

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Weekend update - US equity indexes

It was a mixed week for US equity indexes, with net weekly changes ranging from -3.2% (Nasdaq comp'), -2.1% (SPX), -0.9% (Dow), +0.1% (NYSE comp'), +0.4% (R2K), to +1.8% (Trans).

Lets take our regular look at six of the main US indexes

sp'500

Nasdaq comp'

Dow

NYSE comp'

R2K

Trans

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Summary

Three US equity indexes were net lower for the week, with three net higher

The Nasdaq was powerfully lower, whilst the Transports was significantly higher. 

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Looking ahead

It will be a short four day week, with Friday CLOSED for 'Good Friday'

Earnings:

M - $RZLV $PAVM $FRMI $PDSB $NMRA $IMSR $BCAX $CBAT $PRGS $DMAC $ARKO $FTHM $BLNE $SGMO $PHR $SPCE $APC $AIRJ

T -$MKC $PRPL $TE $ALTI $IMNN $BITF $CHA $AMS $JILL $INKT $NKE $BYND $NCNO $BTBT $BNZI $AAUC $RH $SPWH $PROP 

W - $LW $NG $CAG $TLRY $UNF $VNRX $PED $MSM $NKLR $PENG $FC

T - $NAMM $LNN $AYI $ANGO 

F - CLOSED

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Econ-data/events

M - Powell, 10.30am

T - Case-Shiller HPI, Chicago PMI, consumer conf'

W - Retail sales, busi' invent, PMI manu', ISM manu', EIA Pet'

T - Weekly jobs, Intl' trade 

F - Monthly jobs, PMI serv',   CLOSED

*UK/European clocks will change 2am, Sunday, March 29th

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Have a good weekend
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*the next post on this page will likely appear 6pm EDT on Monday.

 

 

 

 

Falling into the weekend

US equity indexes closed significantly lower, SPX -108pts (1.7%) at 6368. Nasdaq comp' -2.1%. Dow -1.7%. The Transports settled -1.1%. R2K -1.7%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, and whilst there was a few bounce attempts, the SPX fell to 6356, and settling sig' lower at 6368.

Volatility climbed into the weekend, the VIX settling +13.2% at 31.05. 
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