US equity indexes mostly closed significantly higher, SPX +61pts (1.2%) at 5308. Nasdaq comp' +1.4%. Dow +0.9%. The Transports settled +0.1%. R2K +1.2%
SPX - daily
VIX - daily
Summary
Headline y/y: 3.4% vs 3.5% prior
Core y/y: 3.6% vs 3.8% prior
... which was enough for the market to open moderately higher, the SPX breaking a new hist' high of 5311, and settling at 5308.
Volatility was ground lower, the VIX printing 12.38, settling -7.2% to 12.45, back to levels last seen in January.
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Almost as green as the US equity market |
A fine day in mid May |
Full moon will be May 23rd |
For details ... see: https://www.tradingsunset.com