Wednesday, 6 May 2026

Another can kick

US equity indexes closed significantly higher, SPX +105pts (1.5%) at 7365. Nasdaq comp' +2.0%. Dow +1.2%. The Transports settled +1.7%. R2K +1.5%

SPX – daily


VIX – daily


Summary

US equities opened broadly higher on news... or rather hope, of an eventual peace deal. The SPX printed a new hist' high of 7369, and settling significantly higher at 7365. 

Volatility was mixed, the VIX printing an early low of 16.87, but settling +0.1% to 17.39


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