Thursday 22 June 2023

Thursday chop

US equity indexes closed moderately mixed, SPX +16pts (0.4%) at 4381. Nasdaq comp' +0.9%. Dow -0.01%. The Transports settled +0.4%. R2K -0.8%

SPX - daily

VIX - daily

Summary

US equities opened a little weak, but all the bears could manage was 4351. From there... considerable positive leaning chop into the late afternoon, settling moderately higher at 4381.

Volatility was subdued, the VIX breaking a new multi-year low of 12.73, and settling -2.2% to 12.91.
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Goodnight from London
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