Wednesday, 17 September 2025

Powell Wednesday

US equity indexes closed rather mixed, SPX -6pts (0.1%) at 6600. Nasdaq comp' -0.3%. Dow +0.6%. The Transports settled -0.9%. R2K +0.2%

SPX - daily

VIX - daily

Summary

US equities saw a broad holding pattern ahead of the Fed. 

As expected, the Fed cut rates by -25bps to 4.00-4.25%.

The CEO of Print Central
 

The SPX saw a mini washout to 6551, and recovering to settle fractionally lower at 6600.

Volatility was mixed, the VIX printing 16.75, but cooling to settle -3.9% to 15.72.  


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

Goodnight from London
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