Thursday, 15 January 2026

The two leaders are leading

US equity indexes closed on a positive note, SPX +17pts (0.3%) at 6944. Nasdaq comp' +0.25%. Dow +0.6%. The Transports settled +1.8%. R2K +0.8%

SPX - daily




VIX - daily



Summary

US equities opened moderately higher, the SPX printing 6979, if cooling back to settle marginally higher at 6944. 

I'd note the 'two leaders' -Trans and R2K, both broke new historic highs. There is no reason not to expect the other indexes to follow. 

Volatility was ground lower, the VIX settling -5.4% to 15.84. 

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