Wednesday, 23 August 2023

Midweek strength

US equity indexes closed broadly higher, SPX +48pts (1.1%) at 4436. Nasdaq comp' +1.6%. Dow +0.5%. The Transports settled +1.1%. R2K +1.0%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, but built broad gains into the afternoon, the SPX printing 4443, and settling at 4436. Volatility was lower for a fourth day, the VIX settling -5.8% to 15.98.
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Goodnight from London
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