Thursday 7 March 2024

Just another historic high

US equity indexes closed broadly higher, SPX +52pts (1.0%) at 5157. Nasdaq comp' +1.5%. Dow +0.3%. The Transports settled +1.1%. R2K +0.8%

SPX - daily

VIX - daily


US equities opened moderately high, and whilst early price action was choppy, the SPX battled upward to print a new historic high of 5165, and settling at 5157. 

Volatility was subdued, the VIX settling -0.4% to 14.44.

There are days when I almost pity the Powell, having to face the dumb political hacks.

Extra charts in AH (usually around 5pm EST) @

Goodnight from London


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