US equity indexes closed broadly lower, sp -40pts (1.2%) at 3269. Nasdaq comp' -2.4%. Dow -0.6%. The Transports settled -0.7%.
sp'daily5
VIX'daily3
Summary
US equities opened on a significantly weak note, and despite a few rally attempts... the SPX spiraled broadly lower into the late afternoon to 3233.
Meanwhile...
 |
| Another day closer. |
The late afternoon saw considerable chop, with a ramp into the close, settling at sp'3269.
Volatility picked up... if only marginally, the VIX settling +1.1% to 38.02. Next Mon/Tuesday should offer the 200dma... around sp'3130.
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Goodnight
from London
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