US equity indexes closed significantly higher, SPX +65pts (1.4%) at 4587. Nasdaq comp' +2.1%. Dow +0.9%. The Transports settled +1.9%. R2K +1.9%.
SPX - daily
VIX - daily
Summary
US equities opened on a broadly positive note, with the market battling upward into the early afternoon. The mid/late afternoon saw considerable chop, as s/t momentum maxed out.
Volatility was ground lower, the VIX settling -6.9% to 19.96. Tomorrow is a Thursday, and if the CPI data comes in hotter than the mainstream cheerleaders are expecting, we're very likely going to see more red boxes than green.
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Goodnight
from London
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