US equity indexes closed significantly higher, SPX +95pts (2.2%) at 4358. Nasdaq comp' +3.8%. Dow +1.5%. The Transports settled +5.5%. R2K +3.1%.
SPX - daily
VIX - daily
Summary
US equities opened on a positive note, with the market building very significant gains. Price action leaned a little weak ahead of the 2pm press release from Print Central...
Equities initially cooled on the (as expected) news of a rate hike of 25bps to 0.25-0.50%. Powell appeared, and managed to not say anything 'stupid', with equities seeing a secondary wave higher into the close.
Volatility cooled back, the VIX settling -10.6% to 26.67.
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Goodnight
from London
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