US equity indexes mostly closed rather powerfully lower, SPX -200pts (2.6%) at 7383. Nasdaq comp' -4.2%. Dow -1.3%. The Transports settled +0.6%. R2K -3.5%
SPX – daily
VIX – daily
Summary
US equities opened broadly lower on the jobs data... net monthly change: 172k vs 179k (revised from 115k)... which was better than the 80K expected. A case of 'good news is bad news'.
There were a few bounce attempts, but the market slid across the day, settling rather powerfully lower at 7383.
Volatility spiked, the VIX printing settling +39.7% to 21.51.
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