US equity indexes mostly closed positive, SPX +45pts (0.8%) at 5421. Nasdaq comp' +1.5%. Dow -0.1%. The Transports settled +0.7%. R2K +1.6%
SPX - daily
VIX - daily
Summary
The day began in pre-market with the latest inflation data...
Indeed, the market liked the data, with the SPX opening broadly higher, printing a new hist' high of 5446. From there... a holding pattern into the 2pm FOMC announcement.
Powell appeared at 2.30pm...
The afternoon saw equities break yet another new hist' high, the SPX printing 5447, if cooling back to settle at 5421.
With the CPI data and Fed out of the way, volatility was ground lower, the VIX settling -6.3% to 12.04.
-
 |
| Full moon will be June 22nd |
–
Extra charts in AH (usually around 5pm EDT) @
https://twitter.com/Trading_Sunset
Goodnight
from London
--
If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com
