US equity indexes closed broadly higher, SPX +63pts (1.4%) at 4520. Nasdaq comp' +1.9%. Dow +1.0%. The Transports settled +0.7%. R2K +1.2%.
SPX - daily
VIX - daily
Summary
US equities opened on a positive note, and whilst the gains were a little shaky, the market built broad gains into the early afternoon. The afternoon saw considerable minor chop, if with a late day mini ramp, for no particularly good reason.
Volatility was repressed, the VIX settling -8.1% to 21.67. We've just five trading days left of March/Q1. Bullish >4500, bearish <4400.
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| Looking toward the city |
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| A fine end to the day |
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| To the upper side... sunspot group 2975 |
*see: https://www.spaceweather.com
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Goodnight
from London
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