Tuesday 11 July 2023

Climbing ahead of CPI

US equity indexes closed broadly higher, SPX +29pts (0.7%) at 4439. Nasdaq comp' +0.5%. Dow +0.9%. The Transports settled +1.4%. R2K +1.0%

SPX - daily

VIX - daily

Summary

US equities open a little higher, and whilst price action was choppy, it was more somewhat more positive than Monday.

Volatility was ground lower, the VIX settling -1.5% to 14.84.
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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