US equity indexes closed broadly lower, SPX -30pts (0.7%) at 4181. Nasdaq comp' -0.8%. Dow -0.5%. The Transports settled -0.5%.
SPX - daily5
VIX - daily3
Summary
US equities opened moderately weak note, with the SPX cooling to 4175 in the early afternoon.
Whilst earnings have been coming in superb for the tech giants, the market still isn't satisfied at times.
Sure, some companies have missed, but most of the time, its not that earnings were bad, but only that they were below expectations.
The afternoon saw further weak leaning chop into the closing hour, with the SPX printing 4174, and settling at 4181. Volatility picked up... if only a little, the VIX settling +5.7% to 18.61.
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| ... and April settles. |
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Goodnight
from London
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