US equity indexes closed on a broadly positive note, SPX +18pts (0.5%) at 3934. Nasdaq comp' +0.5%. Dow +0.1%. The Transports settled +1.7%.
sp'daily5
VIX'daily3
Summary
US equities opened in minor chop mode, and remained that way into the mid afternoon. The closing hour saw a mini ramp to break a new hist' high of sp'3937, and settling moderately higher at 3934.
Volatility was naturally subdued, the VIX settling -6.0% to 19.97. Today's settlement under the key 20 threshold is significant, and will be seen by many as an extra equity BUY signal.
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Goodnight
from London
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