US equity indexes closed very significantly lower, SPX -67pts (1.5%) at 4306. Nasdaq comp' -1.6%. Dow -1.8%. The Transports settled -1.6%. R2K -1.9%.
SPX - daily
VIX - daily
Summary
US equities opened choppy, if leaning on the weaker side. Price action was increasingly weak into the late afternoon.
Volatility picked up, the VIX printing 35.19, settling +10.5% at 33.32. Wednesday will see the CEO of Print Central - Powell, speak to the political hacks. Mr Market will be looking for any excuse to rally, and Powell will likely help.
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Goodnight
from London
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