Tuesday 19 September 2023

Weakness ahead of Powell

US equity indexes closed on a weak note, SPX -9pts (0.2%) at 4443. Nasdaq comp' -0.2%. Dow -0.3%. The Transports settled -0.6%. R2K -0.4%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, with the SPX cooling to 4416 in the early afternoon. There was a latter day recovery to 4449, and settling at 4443.

Volatility was mixed, the VIX printing 14.88, but cooling back to settle +0.8% to 14.11.

Wednesday should be... dynamic.
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Goodnight from London
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