US equity indexes closed on a very positive note, SPX +75pts (1.6%) at 4709. Nasdaq comp' +2.1%. Dow +1.1%. The Transports settled +0.6%. R2K +1.7%.
SPX - daily5
VIX - daily3
Summary
US equities opened a little choppy, if leaning on the weaker side into the early afternoon.
2pm saw the FOMC announcement, and it did make for comedy gold...
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| Three rate hikes are expected in 2022 |
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| Powell - CEO of Print Central |
Ohh, and from late Wednesday, lets not forget...
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After a few swings, equities powered upward, settling on a distinctly positive note. Volatility was mixed, the VIX printing 23.47, but cooling back to settle -11.9% to 19.29. With the Fed out of the way, the market has a clear path into the Christmas break... and beyond.
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Goodnight
from London
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