Tuesday, 28 April 2026

Pre-Fed cooling

US equity indexes closed on a weak note, SPX -35pts (0.5%) at 7138. Nasdaq comp' -0.9%. Dow -0.1%. The Transports settled -0.5%. R2K -1.2%

SPX – daily



VIX – daily

Summary

US equities opened on a weak note, but all the bears could manage was 7115. There was a subdued bounce to 7115, and settling moderately lower at 7138

Volatility was a little mixed, the VIX printing an opening high of 18.92, but cooling back to settle -1.0% at 17.83. 




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