Thursday, 22 September 2022

It was a red Thursday

US equity indexes closed broadly lower, SPX -31pts (0.8%) at 3757. Nasdaq comp' -1.4%. Dow -0.4%. The Transports settled -2.3%. R2K -2.2%.

SPX - daily

VIX - daily


US equities opened on a weak note, with the SPX breaking a new cycle low of 3749. The afternoon saw considerable chop... if leaning on the upward side, with a few indexes even turning positive. The final minutes weren't pretty though, with a swing from 3789 to settle at 3757.

Volatility was subdued, the VIX settling -2.3% to 27.35.

The sun sets on summer 2022


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