US equity indexes closed on a positive note, SPX +28pts (0.4%) at 7543. Nasdaq comp' +0.9%. Dow +0.02%. The Transports settled +0.1%. R2K +0.3%
SPX – daily
VIX – daily
Summary
US equities opened higher on the latest inflation data...
Headline y/y: 3.5% vs 4.2% prior
Core y/y: 2.6% vs 2.9% prior
The opening gains were a little shaky, with Fed Chair Warsh appearing before the US House...
Equities churned across the rest of the day, with the SPX settling moderately higher at 7543.
Volatility was ground lower, the VIX settling -3.8% to 16.50.
–
Subscription offers > https://www.tradingsunset.com



