US equity indexes closed broadly higher, sp +34pts (1.0%) at 3315. Nasdaq comp' +1.7%. Dow +0.5%. The Transports settled +0.8%.
sp'daily5
VIX'daily3
Summary
US equities opened on a positive note, but the gains were shaky from the start, and it didn't take long for indexes to turn red.
"No one cared who I was, until I put on the mask" |
Yet.. the declines were minor, and brief, with the market battling choppily upward into the late afternoon.
Volatility was itself subdued, the VIX settling -3.3% to 26.86. Wednesday offers a little higher, but prime target of 3100 appears on the menu.
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