US equity indexes closed significantly higher, SPX +50pts (1.4%) at 3770. Nasdaq comp' +1.3%. Dow +1.3%. The Transports settled +2.1%. R2K +1.4%.
SPX - daily
VIX - daily
Summary
US equities were broadly higher in pre-market, SPX +30pts or so. Then the employment data was released, with 'good news is bad news'... SPX flipped to -15pts, only to quickly recover to +40pts.
The market opened sig' higher, but there was an opening reversal. Yet.. a secondary rally to 3796... only to fail at a key price threshold, and spiral lower to 3708, in the 12pm hour.
The afternoon saw considerable chop, with a late afternoon ramp to re-build sig' gains.
VIX was ground lower into the weekend, printing 24.00, and settling -3.0% to 24.55.
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| 10c/50f... chilly |
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| Full moon next Tuesday! |
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| 334x |
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Goodnight
from London
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