US equity indexes closed significantly lower, SPX -43pts (1.0%) at 4481. Nasdaq comp' -2.2%. Dow -0.4%. The Transports settled -3.3%. R2K -1.4%.
SPX - daily
VIX - daily
Summary
US equities opened on a weak note, with the market leaning increasingly weak into the afternoon. There was a press release from Print Central at 2pm, which didn't particularly help, with the SPX printing 4450. The closing hour saw considerable chop, if still settling significantly lower.
Volatility picked up, the VIX printing 24.78, if cooling back to settling +5.1% to 22.10. Tomorrow is a Thursday, and the equity bulls should be mindful that daily equity momentum is set to be increasingly negative into next week.
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Goodnight
from London
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