US equity indexes closed broadly lower, SPX -58pts (1.5%) at 3915. Nasdaq comp' -3.0%. Dow -0.5%. The Transports settled -0.1%.
SPX - daily5
VIX - daily3
Summary
US equities opened on a weak note, pressured via higher bond yields, with the SPX cooling to 3935, before recovering to 3969 in late morning.
Meanwhile...
We're living in a WandaVision economy...
Would anyone want to buy a picture of the moon? For the bargain price of $2500. I'll digitally sign it, and limit the issue to just 1000.
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The afternoon saw a very significant wave lower to 3910, settling on a somewhat ugly note at 3915, ahead of Friday OPEX.
Volatility picked up, the VIX settling +12.2% to 21.58.
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Goodnight
from London
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