Wednesday 3 January 2024

Midweek depression

US equity indexes closed broadly lower, SPX -38pts (0.8%) at 4704. Nasdaq comp' -1.2%. Dow -0.8%. The Transports settled -1.7%. R2K -2.7%

SPX - daily

VIX - daily

Summary

Equities opened much like Tuesday... on a weak note. The SPX cooled to break a new s/t low of 4699, and settling at 4704. Volatility was a little mixed, the VIX printing 14.22, and settling +6.4% at 14.04.
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The failed state of the UK

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

Goodnight from London
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