US equity indexes mostly closed a little higher, SPX +6pts (0.2%) at 3669. Nasdaq comp' -0.05%. Dow +0.2%. The Transports settled +0.4%.
sp'daily5
VIX'daily3
Summary
US equities opened on a weak note, with the SPX seeing an early low of 3344, tagging the upper end of Tuesday's opening gap. From there, the market saw considerable chop, leaning on the upward side.
Meanwhile...
... as talk of martial law and civil war continues to increase.
The afternoon saw choppy upside, helped by background chatter that the Democrats are looking to agree a $908bn stimulus with the Republicans.
Volatility remained subdued, the VIX settling +1.9% to 21.17. It would seem just a matter of when the VIX breaks, and sustainably holds under the key 20 threshold.
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| Breakthrough |
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| Waning into mid December |
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Goodnight
from London
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