Wednesday, 6 September 2023

Midweek depression

US equity indexes closed broadly weak, SPX -31pts (0.7%) at 4465. Nasdaq comp' -1.1%. Dow -0.6%. The Transports settled -0.7%. R2K -0.3%

SPX - daily

VIX - daily

Summary

US equities opened a little lower, and whilst there were a few bounce attempts, the SPX slid to 4442 in the early afternoon. From there... a bounce, settling at 4465.

Volatility picked up, the VIX printing 15.30, if cooling back to settle +3.1% to 14.45.
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Goodnight from London
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