US equity indexes mostly closed a little higher, SPX +10pts (0.2%) at 4468. Nasdaq comp' -0.1%. Dow +0.8%. The Transports settled +0.6%. R2K +0.6%
SPX - daily5
VIX - daily3
Summary
US equities opened on a moderately positive note, but the gains were shaky from the start, with the SPX swinging from 4492 to turning fractionally negative by late morning.
Meanwhile...
... it was just another day on the streets of Philadelphia. The Republican leadership doesn't care. The Democrat leadership doesn't care. Few do.
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The afternoon saw considerable chop, if leaning on the weaker side. The closing hour saw a moderate recovery, with most indexes settling a little higher, ahead of Tuesday's key inflation data.
Volatility picked up, the VIX printing 21.18, but with equities recovering into the close, settling -7.5% to 19.37.
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| Air traffic continues to broadly ascend |
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| Bullish or bearish contrails? |
Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
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