Tuesday 25 July 2023

Positive ahead of the Fed

US equity indexes closed a little mixed, SPX +12pts (0.3%) at 4567. Nasdaq comp' +0.6%. Dow +0.1%. The Transports settled -0.1%. R2K -0.01%.

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, but yet again... leaning upward into the afternoon, with the SPX printing a new multi-month high of 4580, and settling at 4567.

Volatility remained repressed, the VIX settling -0.4% to 13.86.
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Goodnight from London
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