Monday 19 August 2024

Clawing upward

US equity indexes closed significantly higher, SPX +54pts (1.0%) at 5608. Nasdaq comp' +1.4%. Dow +0.6%. The Transports settled +0.9%. R2K +1.2%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, if clawing upward to settle sig' higher at 5608... just 2pts shy of tagging teal gap. Volatility was a little mixed, the VIX printing 15.56, but ground back lower to settle -1.0% to 14.65.
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Goodnight from London
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