US equity indexes closed very significantly lower, SPX -70pts (1.5%) at 4698. Nasdaq comp' -1.5%. Dow -1.3%. The Transports settled -2.3%. R2K -2.0%
SPX - daily
VIX - daily
Summary
US equities opened in minor chop mode, the SPX leaning upward to print a new cycle high of 4778. From 1pm, the market began to lean weak, with an outright ugly spiral into the late afternoon, printing 4697, and settling at 4698.
Volatility was very mixed, the VIX printing 12.29, but hyper spiking to 13.93, and settling +9.1% to 13.67.
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Goodnight
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