US equity indexes closed significantly lower, SPX -44pts (1.1%) at 3986. Nasdaq comp' -1.1%. Dow -1.0%. The Transports settled -1.6%. R2K -1.4%
SPX - daily
VIX - daily
Summary
US equities opened on a positive note, but the gains were shaky from the start, with indexes quickly turning negative. There were numerous bounce attempts, but the market fell into the afternoon. The late afternoon saw another rally attempt, but price action was still weak, as the market is struggling with August due to settle.
Volatility was a little mixed, the VIX printing 27.69, if cooling back to settle u/c at 26.21.
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Goodnight
from London
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