Thursday, 4 June 2026

Upside reversal

US equity indexes mostly closed on a positive note, SPX +30pts (0.4%) at 7584. Nasdaq comp' -0.1%. Dow +1.7%. The Transports settled +1.4%. R2K +1.5%

SPX – daily

VIX – daily

Summary

US equities opened a little weak, but all the bears could manage was 7516, with a recovery to 7598, and settling at 7584. Volatility was a little mixed, the VIX printing an opening high of 16.44, but cooling back to settle -4.1% to 15.40. 

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