US equity indexes closed somewhat mixed, SPX -28pts (0.7%) at 4090. Nasdaq comp' -0.5%. Dow -0.8%. The Transports settled +0.2%. R2K +0.4%.
SPX - daily
VIX - daily
Summary
US equities opened a little choppy, if leaning on the upward side. The market was naturally in a holding pattern until 2pm...
The Powell duly appeared at 2.30pm...
... spouting the (not surprising) notion that the US banking system is 'sound and resilient'. If that doesn't make you want to cash out at your local branch, I don't know what else would.
Equities saw a few swings, if ending on a weak note.
Volatility was a little mixed, the VIX printing 18.83, and settling +3.1% to 18.34.
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| Spring Bluebells |
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| 9c/48f... chilly, for early May |
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| Full moon is this Friday |
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset
Goodnight from London
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