US equity indexes closed rather powerfully lower, SPX -96pts (2.5%) at 3759. Nasdaq comp' -3.4%. Dow -1.5%. The Transports settled -3.1%. R2K -3.3%
SPX - daily
VIX - daily
Summary
US equities opened a little mixed, with the SPX sliding to 3823.
As expected, interest rates were hiked for a sixth consecutive time, +75bps to 3.75-4.00%.
The Powell duly appeared at 2.30pm
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| The CEO of Print Central |
US equities were very unstable, with the SPX printing 3894, but then seeing something of a mini implosion to settle -2.5% to 3759.
Volatility remained subdued, the VIX settling +0.2% to 25.86.
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