US equity indexes closed significantly lower, SPX -112pts (1.5%) at 7316. Nasdaq comp' -1.7%. Dow -2.2%. The Transports settled -1.9%. R2K -1.7%
SPX – daily
VIX – daily
Summary
Equities opened a little weak, and with a break of trend the SPX fell to 7341. The afternoon saw a bounce, with Warsh appearing at 2.30pm...
The SPX bounced to 7450, but then a powerful downward swing to 7313, and settling at 7316.
Volatility was mixed, the VIX printing a high of 20.88, but cooling back to settle +13.4% to 20.66.
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