US equity indexes closed significantly higher, SPX +58pts (1.4%) at 4108. Nasdaq comp' +1.7%. Dow +1.3%. The Transports settled +2.2%. R2K +1.8%
SPX - daily
VIX - daily
Summary
US equities opened moderately higher, with the SPX pushing to 4091 in the 12pm hour. There was considerable chop into the late afternoon, with a micro burst to 4110, and settling at 4109.
Volatility was ground lower, the VIX printing 18.52, and settling -1.7% to 18.70.
Today's equity price action was a pretty clear case of extreme window dressing. Some cooling to psy'4K is a given, the only issue is whether its before or not until after the Easter break.
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Goodnight
from London
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