Thursday 30 May 2024

A typically red Thursday

US equity indexes closed very mixed, SPX -31pts (0.6%) at 5235. Nasdaq comp' -1.1%. Dow -0.9%. The Transports settled +1.3%. R2K +0.9%

SPX - daily

VIX - daily

Summary

Equities opened on a weak note, the SPX cooling to 5241. 

The market was partly broken from around 10.40am until midday, with no quotes for the SPX, INDU, and TRAN, due to 'technical issues'. The SPX saw a bounce to 5260, but broke a closing hour low of 5222, and settling at 5235.

Volatility was mixed, the VIX printing a early high of 14.23, cooling back to 13.67, and seeing a late day spike to settle +1.3% to 14.47.


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

Goodnight from London
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