US equity indexes closed powerfully lower, sp -119pts (3.5%) at 3271. Nasdaq comp' -3.7%. Dow -3.4%. The Transports settled -4.2%.
sp'daily5
VIX'daily3
Summary
US equities opened very significantly lower, pressured by powerfully lower European markets, oil, and yields. The stronger dollar merely was an added downward pressure on most asset classes.
The SPX spiraled to 3284 in late morning, with a bounce to 3310.
Meanwhile...
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| Airforce1... Bullhead City, AZ |
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| Another day... another massive crowd for Trump |
The closing hour saw renewed downside from 3305 to 3268, and settling at 3271. The 200dma in the mid/low 3100s would be a natural target floor.
Volatility picked up, the VIX printing 40.77 - the highest since mid June, and settling +20.8% to 40.28
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| Storm front... clearing away |
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| Full moon is this Saturday - Halloween |
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Goodnight
from London
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