Wednesday, 7 February 2024

Pushing for 5000

US equity indexes mostly closed higher, SPX +40pts (0.8%) at 4995. Nasdaq comp' +0.9%. Dow +0.4%. The Transports settled +0.4%. R2K -0.2%

SPX - daily

VIX - daily

Summary

US equities opened moderately higher, with the SPX battling upward to break a new hist' high of 4999.98. From there... micro chop into the close, settling at 4995.

Volatility was subdued, the VIX ground lower for a fifth consecutive day, settling -1.8% to 12.83.


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

Goodnight from London
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