Tuesday 12 December 2023

Ahead of the Fed

US equity indexes mostly closed moderately higher, SPX +21pts (0.5%) at 4643. Nasdaq comp' +0.7%. Dow +0.5%. The Transports settled +0.1%. R2K -0.1%

SPX - daily

VIX - daily

Summary

US equities opened broadly flat. There was a little cooling to 4608, but then resuming back upward into the late afternoon, to settle at 4643.

Volatility was ground lower, the VIX breaking a new multi-year low of 11.81, with a mini late day climb, to settle -4.4% to 12.07.


Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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