Tuesday, 18 November 2025

A lower low

US equity indexes closed rather mixed, SPX -55pts (0.8%) at 6617. Nasdaq comp' -1.2%. Dow -1.1%. The Transports settled u/c. R2K +0.3%

SPX - daily

VIX - daily

Summary

US equities opened moderately lower, with the SPX breaking a new s/t low of 6574. There was a bounce to 6666.63, if seeing closing hour cooling to settle broadly lower at 6617.  

Volatility picked up, the VIX printing a new s/t high of 25.84, cooling to 22.91, and settling +10.3% to 24.69. 
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