Wednesday, 11 January 2023

Upside ahead of CPI

US equity indexes closed broadly higher, SPX +50pts (1.3%) at 3969. Nasdaq comp' +1.8%. Dow +0.8%. The Transports settled +1.8%. R2K +1.2%.

SPX - daily

VIX - daily



Summary

Equities opened on a positive note, and whilst there was considerable chop, the market leaned upward into the mid afternoon to build broad gains.

Volatility remained muted, the VIX settling +2.5% to 21.09.


Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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