Friday 3 March 2023

Strong end to the week

US equity indexes closed very significantly higher, SPX +64pts (1.6%) at 4045. Nasdaq comp' +2.0%. Dow +1.2%. The Transports settled +0.5%. R2K +1.4%.

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, and whilst there were a few minor cooling waves, the market built very significant gains. Volatility was naturally ground lower into the weekend, the VIX settling -5.6% to 18.49.


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

Goodnight from London
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