Friday, 17 January 2025

The Biden market concludes

US equity indexes mostly closed broadly higher, SPX +59pts (1.0%) at 5996. Nasdaq comp' +1.5%. Dow +0.8%. The Transports settled -1.0%. R2K +0.4%

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, with the SPX battling upward to 6014, and settling at 5996.

Volatility was naturally ground lower into the long weekend, the VIX settling -3.8% to 15.97


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

Goodnight from London
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