US equity indexes mostly closed on a weak note, SPX -48pts (1.0%) at 4620. Nasdaq comp' -0.1%. Dow -1.5%. The Transports settled -1.1%. R2K +0.9%.
SPX - daily5
VIX - daily3
Summary
US equities opened broadly weak, with the SPX taking out the Tuesday low, if only by 6pts to 4600. Whilst the buyers appeared, price action remained pretty unstable into the late afternoon, but that was pretty natural for what was quad-opex.
Meanwhile...
The LaPalma volcano is currently dormant. Certainly it could resume at any point, but each day it remains quiet increases the chances that will stay that way for another fifty years or so. For the residents... its an early, and most welcome Christmas present.
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Volatility was twitchy, the VIX printing 23.26, but cooling back to settle +4.9% to 21.57.
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Goodnight
from London
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