US equity indexes closed significantly lower, SPX-71pts (1.1%) at 6837. Nasdaq comp' -1.1%. Dow -1.7%. The Transports settled -2.8%. R2K -1.7%
SPX - daily
Summary
US equities opened a little choppy, with the SPX briefly turning positive to 6916, but then spiraling to 6819, with a latter day bounce to settle sig' lower at 6837.
Volatility picked up, the VIX settling +10.1% to 21.01.
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It was a bullish week for US equity indexes, with net weekly gains ranging from +2.6% (Trans), +1.5% (Nasdaq comp'), +1.1% (SPX), +0.6% (R2K), +0.5% (NYSE comp'), to +0.25% (Dow).
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
All six US equity indexes were net higher for the week.
The Transports lead the way up, whilst the Dow lagged.
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Looking ahead
Earnings:
M - $WGS $DPZ $AXSM $D $SCL $CRGO $EMA $FRPT $DEA $LINC $HIMS $BWXT $KTOS $KEYS $PRIM $FANG $JBTM $OVV $OKE $OPAD
T - $HD $CIFR $DOCN $DRS $FIS $XMTR $AS $LTH $PLNT $AMC $MELI $CAVA $ZETA $NVTS $WDAY $TEM $UIS $HPQ
W -$HUT $TJX $TRIN $PLAB $CRCL $VLN $RXRX $IONS $BXSL $BMO $NVDA $CRM $TTD $SNOW $IONQ $SNPS $ARRY $PSTG $VICI $NTNX $JOBY
T -$QBTS $CELH $VST $ACMR $EOSE $BIDU $RXT $WBD $GCT $CRWV $RKLB $MARA $INOD $DELL $OPK $SOUN $ZS $DUOL $CODI
F - $UUUU $DIBS $EXK $GSAT $VIA $ABR $TCPC $SHO $NWN $AMRX
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Econ-data/events
M - Factor orders
T - Case-Shiller HPI, wholesale invent', consumer conf'
W - EIA Pet'
T - Weekly jobs
F - PPI, construction, Chicago PMI
*As Friday is end month, I'd expect more dynamic price action on higher vol'.
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Have a good weekend
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*the next post on this page will likely appear 6pm
EST on Monday.
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US equity indexes closed on a positive note, SPX +47pts (0.7%) at 6909. Nasdaq comp' +0.9%. Dow +0.5%. The Transports settled +1.8%. R2K +0.01%
SPX - daily
Summary
US equities opened on a weak note, the SPX printing an early low of 6836, but swinging upward to 6915, and settling moderately higher at 6909.
Volatility was mixed, the VIX printing an opening high of 21.21, and settling -5.6% to 19.09.
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