Wednesday 21 July 2021

Clawing upward

US equity indexes closed broadly higher, SPX +35pts (0.8%) at 4358. Nasdaq comp' +0.9%. Dow +0.8%. The Transports settled +1.0%. R2K +1.7%.

SPX - daily5

VIX - daily3

Summary

A second day higher, with the SPX settling just 35pts shy of last week's historic high. Volatility was ground lower, the VIX settling -9.2% to 17.91.
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Final sunset?


Goodnight from London