Wednesday 31 July 2024

July settles positive

US equity indexes closed broadly higher, SPX +85pts (1.6%) at 5522. Nasdaq comp' +2.6%. Dow +0.2%. The Transports settled +0.4%. R2K +0.6%

SPX - daily

VIX - daily

Summary

US equities opened significantly higher, and climbed into the early afternoon. The SPX printed 5551, and settled at 5522. Volatility was naturally crushed, the VIX printing 15.71, and settling -7.5% to 16.36.
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