Monday 27 March 2023

A mixed Monday

US equity indexes closed rather mixed, SPX +6pts (0.2%) at 3977. Nasdaq comp' -0.5%. Dow +0.6%. The Transports settled +1.3%. R2K +1.2%.

SPX - daily

VIX - daily


US equities opened on a positive note, but the gains were rather shaky from the start. The SPX printed 4003, but cooled to fully fill the opening gap to 3970. There was a secondary push upward into the late afternoon, but it didn't clear the opening high. The closing hour saw a swing from 3997 to settle at 3977.

Volatility was a little mixed, the VIX printing 21.81, but cooling back to settle -5.2% to 20.60.

Another day closer to the launch of SpaceX Starship

Spring Magnolias

Bullish green shoots

Every sky... unique

7.09pm British Summer Time (BST)



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