US equity indexes closed significantly lower, SPX -61pts (1.2%) at 5061. Nasdaq comp' -1.8%. Dow -0.6%. The Transports settled -0.7%. R2K -1.4%
SPX - daily
VIX - daily
Summary
US equities opened broadly higher, but the gains didn't last long. The SPX swung from 5168 to 5052, and settling at 5061. For the bulls, it was another ugly downside reversal, the fourth of the last eight trading days.
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| WTIC will be prone to hyper spiking |
Volatility was mixed, the VIX seeing an early low of 16.26, but spiking upward to 19.46, and settling +11.1% to 19.23.
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| Sunshine and showers |
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Goodnight
from London
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