Thursday 18 April 2024

Still struggling

US equity indexes closed a little mixed, SPX -11pts (0.2%) at 5011. Nasdaq comp' -0.5%. Dow +0.1%. The Transports settled -0.3%. R2K -0.1%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode. The SPX clawed to 5056.66, but then leaned weak to print a new cycle low of 5001, and settling at 5011. Volatility remained elevated, the VIX settling -1.1% at 18.00.


 

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