US equity indexes closed broadly lower, SPX -64pts (0.9%) at 6816. Nasdaq comp' -1.0%. Dow -0.8%. The Transports settled -0.4%. R2K -1.8%
SPX - daily
VIX - daily
Summary
US equities opened significantly lower, with the market increasingly concerned about the middle east war. The SPX spiraled to 6710, bouncing to 6840, and settling broadly lower at 6816.
Volatility spiked, the VIX printing a high of 28.15, if cooling back to 22.18, and settling +9.9% to 23.57.
US equity indexes mostly closed on a positive note, SPX +2pts (0.04%) at 6881. Nasdaq comp' +0.4%. Dow -0.15%. The Transports settled +0.3%. R2K +0.9%
SPX - daily
VIX - daily
Summary
US equities opened significantly lower, with the market spooked by weekend geo-political news about USA/Israel-Iran. The SPX printed an early low of 6796, but saw a sig' bounce to 6901, and settling at 6881.
Volatility saw an opening high of 23.21, if cooling back to settle +8.0% at 21.44.
It was a bullish month for most world equity markets, with net monthly changes ranging from +10.4% (Japan), +6.1% (South Africa), +4.1% (Brazil), +3.0% (Germany), +2.9% (Australia), +1.1% (China), +0.6% (Russia), +0.2% (USA), -1.2% (India), to -17.6% (Argentina).
Lets take our regular look at ten of the world
equity markets
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia – RTSI
India
China – Shanghai comp'
South Africa
Argentina
Australia - AORD
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Summary
Eight world equity markets were net higher for February, with two net lower.
Japan was very powerfully higher, whilst Argentina was severely lower.
The USA, Japan, Brazil, South Africa, and Australian markets broke new historic highs.
Nine markets are trading above their respective monthly 10MA, the exception being India.
Eight markets have positive monthly momentum, the two exceptions being Russia and India.
