Tuesday 20 June 2023

Weakness ahead of Powell

US equity indexes closed on a weak note, SPX -20pts (0.5%) at 4388. Nasdaq comp' -0.2%. Dow -0.7%. The Transports settled -0.4%. R2K -0.4%.

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, the SPX cooling to 4367. From there... a latter day recovery, if still settling a little weak at 4388.

Volatility picked up, the VIX printing 14.57, if cooling back to settle +2.5% to 13.88.
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Goodnight from London
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