Friday, 28 July 2023

Climbing into the weekend

US equity indexes closed broadly higher, SPX +44pts (1.0%) at 4582. Nasdaq comp' +1.9%. Dow +0.5%. The Transports settled +1.7%. R2K +1.3%

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, with the SPX printing 4590. There was some cooling into the afternoon to 4564, with a secondary push upward, if holding under the morning high, to settle at 4582.

Volatility was ground lower into the weekend, the VIX settling -7.5% to 13.33.
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Goodnight from London
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