Thursday 13 June 2024

Thursday chop

US equity indexes closed rather mixed, SPX +12pts (0.2%) at 5433. Nasdaq comp' +0.3%. Dow -0.2%. The Transports settled -1.1%. R2K -0.9% 

SPX - daily

VIX - daily

Summary

US equities opened a little higher on the PPI data, but the gains were shaky from the start. Whilst the Nasdaq comp' did break a new hist' high, the SPX stalled from 5441, and then saw choppy cooling to 5402. The afternoon saw a little recovery to settle marginally higher at 5433.

Volatility was subdued, the VIX settling -0.8% to 11.94.


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

Goodnight from London
--

 

For details and the latest offers, see: https://www.tradingsunset.com