Tuesday, 6 May 2025

Pre FOMC cooling

US equity indexes closed broadly lower, SPX -43pts (0.8%) at 5606. Nasdaq comp' -0.9%. Dow -0.9%. The Transports settled -2.3%. R2K -0.9%

SPX - daily

VIX - daily

Summary

US equities saw some cooling ahead of the Wed' 2pm FOMC announcement.

Volatility picked up a little, the VIX settling +4.7% to 24.76.


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

Goodnight from London
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