US equity indexes closed broadly lower, SPX -34pts (0.7%) at 4634. Nasdaq comp' -1.1%. Dow -0.3%. The Transports settled -1.2%. R2K -0.8%
SPX - daily5
VIX - daily3
Summary
US equities unravelled in pre-market with hotter than expected PPI data, and opening broadly lower. An early reversal failed to hold, with the market turning significantly lower into the early afternoon.
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Meanwhile, the Makori of Kitco, with the Celente...
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The afternoon saw a moderate recovery. Volatility spiked to 23.00, if cooling back, the VIX settling +7.8% to 21.89.
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| Full moon is Dec'18th |
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Goodnight
from London
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