Tuesday 17 August 2021

Tuesday cooling

US equity indexes closed broadly lower, SPX -31pts (0.7%) at 4448. Nasdaq comp' -0.9%. Dow -0.8%. The Transports settled -1.1%.

SPX - daily5

VIX - daily3

Summary

US equities opened on a weak note, with the SPX broadly cooling to 4417. The afternoon saw a moderate recovery, if distinctly less than Monday.

Volatility picked up, the VIX battling to 19.56, and settling +11.1% to 17.91.


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Goodnight from London
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