Tuesday 10 January 2023

Net positive Tuesday

US equity indexes closed on a positive note, SPX +27pts (0.7%) at 3919. Nasdaq comp' +1.0%. Dow +0.6%. The Transports settled +0.3%. R2K +1.5%.

SPX - daily

VIX - daily

Summary

US equities opened a little choppy. There was a little cooling, but all the bears could manage was 3877, before a very choppy recovery into the late afternoon. A choppy, if net positive Tuesday.

Volatility was ground lower, the VIX settling -6.3% to 20.58.
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Goodnight from London
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