US equity indexes mostly closed on a weak note, SPX -11pts (0.2%) at 5062. Nasdaq comp' +0.1%. Dow -0.9%. The Transports settled -1.3%. R2K -0.9%
SPX - daily
VIX - daily
Summary
US equities opened powerfully lower, with the SPX printing 4835, just 17pts above the Jan'2022 high. There was a hyper spike upward on a rumour that Trump might suspend tariffs for 90 days. That rumour was quickly dismissed by the Whitehouse, with another swing lower... if putting in a higher low of 4950.
The afternoon saw a number of swings, if settling marginally lower at 5062.
Volatility saw a pre-market print of 60.13, a cash market high of 54.20, and settling +3.7% to 46.98.
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Goodnight
from London
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