US equity indexes began August on a strong note, SPX +110pts (1.5%) at 7600. Nasdaq comp' +2.1%. Dow +1.3%. The Transports settled +0.9%. R2K +1.7%
SPX – daily
VIX – daily
Summary
US equities opened moderately higher, with a distinct surge in the first half hour, the SPX battling upward across the day to 7610, and settling at 7600.
Volatility was ground lower, the VIX settling -0.8% to 15.86.
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| A fine start to August |
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| Bullish trees |
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