Monday, 9 March 2026

Monday reversal

US equity indexes closed broadly higher, SPX +55pts (0.9%) at 6795. Nasdaq comp' +1.4%. Dow +0.5%. The Transports settled +0.5%. R2K +1.2% 

SPX - daily


VIX - daily


Summary

US equities opened broadly lower, but whilst overnight the ES was -160pts or so, the bears could only muster 6636. There was a rather powerful late day ramp to 6810, and settling at 6785. 

Volatility was very mixed, the VIX printing an opening high of 31.84, but cooling back to settle -13.5% to 25.50  

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Sunshine helps
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