Friday 31 May 2024

May settles

US equity indexes mostly closed on a positive note, SPX +42pts (0.8%) at 5277. Nasdaq comp' -0.01%. Dow +1.5%. The Transports settled +1.7%. R2K +0.8%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode. The SPX saw an early high of 5256, but a rather significant swing lower to 5191. The afternoon saw a bounce, with a closing hour mini ramp to 5280, and settling at 5277.

Volatility was mixed, the VIX swinging from an early low of 13.48 to 14.87, but cooling back to settle -10.7% to 12.92.


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

Goodnight from London
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