US equity indexes closed significantly lower, SPX -45pts (1.1%) at 3921. Nasdaq comp' -1.9%. Dow -0.7%. The Transports settled -1.8%. R2K -0.6%.
SPX - daily
VIX - daily
Summary
US equities opened on a weak note, with the market annoyed after Walmart issued a profits warning.
Meanwhile...
.. as those CNBC hack-frauds, are playing along with the Biden admin', set to pretend that 2Qs of negative growth is no longer a recession.
-
The afternoon saw further weakness, with the market ending on a bearish note.
Volatility picked up... if only a little, the VIX settling +5.7% to 24.69.
–
Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
--
If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com