US equity indexes mostly closed on a weak note, SPX -20pts (0.3%) at 6481. Nasdaq comp' -0.03%. Dow -0.5%. The Transports settled -0.3%. R2K +0.4%
SPX - daily
VIX - daily
Summary
The day began in pre-market with the latest jobs data from the BLS...
Headline jobs: 22k vs 79k (prior rev' from 73k)
Jobless rate: 4.3% vs 4.2% prior.
On any basis... not great. US equities still opened moderately higher, with the SPX printing a new hist' high of 6532. The opening 30/60min candle was black though, with a rather significant downside reversal to 6443.
There was a late morning recovery into the late afternoon to settle moderately lower at 6481.
Volatility was mixed, the VIX printing an early low of 14.74, spiking to 16.92, but cooling back to settle -0.8% to 15.18.
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The sun sets on another week |
October threatens to be... problematic. |
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Goodnight
from London
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