Tuesday, 20 January 2026

Trump related downside

US equity indexes closed very significantly lower, SPX -143pts (2.1%) at 6796. Nasdaq comp' -2.4%. Dow -1.8%. The Transports settled -2.1%. R2K -1.2%  

SPX - daily



VIX - daily



Summary

US equities opened significantly lower, with the SPX sliding across the day to 6789, and settling very significantly lower at 6796. Volatility picked up, the VIX printing a high of 20.99, if cooling back to settle +26.7% to 20.09. 

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