Tuesday, 16 June 2026

Pre-Warsh cooling

US equity indexes mostly closed on a weak note, SPX -42pts (0.6%) at 7511. Nasdaq comp' -1.1%. Dow +0.6%. The Transports settled -0.7%. R2K -0.9%

SPX – daily

VIX – daily

Summary

US equities saw moderate cooling ahead of Wednesday's FOMC, the first under the leadership of El Presidente's new monetary lackey...Warsh.

Volatility remained suppressed, the VIX printing a low of 15.77, but settling +1.3% to 16.41. 


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