Wednesday 28 February 2024

The tedium continues

US equity indexes closed a little weak, SPX -8pts (0.2%) at 5069. Nasdaq comp' -0.5%. Dow -0.1%. The Transports settled -0.6%. R2K -0.8%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, but the declines barely merited as 'moderate', with underlying price action still distinctly strong. The SPX saw a low of 5058, and settling at 5069. Volatility picked up a little, the VIX settling +3.0% to 13.84.
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