US equity indexes closed rather powerfully higher, SPX +107pts (2.6%) at 4277. Nasdaq comp' +3.6%. Dow +2.0%. The Transports settled +2.8%. R2K +2.8%.
SPX - daily
VIX - daily
Summary
US equities opened significantly higher, and built rather powerful gains into the afternoon. The mid/late afternoon saw increasing chop, printing 4299, but late day cooling to settle at 4277.
Volatility was ground lower, the VIX settling -7.6% to 32.45. Whilst Thursday will inherently favour the equity bears, I'm suspicious the market will open initially higher... regardless of the exact CPI print.
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| FedEx high above |
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| ... headed toward mainland Europe |
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| Very hazy moon |
Extra charts in AH (usually around 5pm EST) @
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Goodnight
from London
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