US equity indexes mostly closed on a weak note, SPX -14pts (0.3%) at 4360. Nasdaq comp' -0.7%. Dow +0.2%. The Transports settled +0.05%. R2K -0.5%.
SPX - daily5
VIX - daily3
Summary
US equities opened on a weak note, and whilst price action was choppy, the market was always leaning on the weaker side.
Meanwhile...
... it just another day of transitories for Powell, this time facing the US Senators.
The afternoon saw further cooling to 4340, with a little bounce into the close.
Volatility picked up, the VIX settling +4.2% to 17.01.
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| A fine end to the day |
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| Next full moon is July 23rd |
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Goodnight
from London
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