US equity indexes closed powerfully lower, SPX -127pts (2.9%) at 4201. Nasdaq comp' -3.6%. Dow -2.4%. The Transports settled -3.9%. R2K -2.4%.
SPX - daily
VIX - daily
Summary
US equities opened on a weak note, an opening bounce attempt failed, with the market spiraling into the late afternoon. Ongoing price action is outright ugly, as sp'4K should soon be lost.
Volatility picked up, the VIX settling +14.0% to 36.45.
Meanwhile...
Unleaded gasoline: 156.9 pence per liter, x 3.785 (liter> US gallon) x 1.3126 (GBP >USD) = $7.80.
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| A fine winter's day |
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| Next full moon is March 18th (which happens to be QUAD-OPEX). |
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Goodnight
from London
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