US equity indexes closed broadly higher, SPX +36pts (1.0%) at 3787. Nasdaq comp' +0.5%. Dow +1.0%. The Transports settled +1.0%.
sp'daily5
VIX'daily3
Summary
US equities saw a major upside reversal in pre-market, opening broadly higher, and building very significant gains into the afternoon.
Meanwhile...
Yes, it will end badly, but then... it always does.
The afternoon saw the SPX print 3830, but then some rather significant cooling to 3785, and settling at 3875. Volatility was naturally lower, the VIX settling -18.8% to 30.21.
For posterity: Gamestop (GME), 5min, 3 day...
Another truly wild day for the leading Wallstreetbets stock.
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Goodnight
from London
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