US equity indexes closed significantly higher, sp +39pts (1.2%) at 3310. Nasdaq comp' +1.6%. Dow +0.5%. The Transports settled +2.2%.
sp'daily5
VIX'daily3
Summary
US equities opened on a choppy note, with the SPX breaking a new cycle low of 3259, before battling back upward.
Meanwhile...
The first print of Q3 GDP came in at +33.1%, vs -31.4% prior/Q2.
Another day... another rally |
The market clawed to sp'3341... an effective tag of Wednesday's opening gap, The closing hour saw some cooling, settling at 3310.
Volatility cooled back, the VIX settling -6.7% to 37.59. The sp'3100s with VIX >50 appear a high threat ahead of the Tuesday/pre-election close.
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Goodnight
from London
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