Monday 6 February 2023

Starting weak

US equity indexes closed on a weak note, SPX -25pts (0.6%) at 4110. Nasdaq comp' -1.0%. Dow -0.1%. The Transports settled -1.0%. R2K -1.4%.

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, largely pressured by most other world markets. Price action wasn't anything that merited any bearish hysteria.

Volatility remained subdued, the VIX settling +6.0% to 19.43. 

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Goodnight from London
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