Friday, 4 September 2026

Good news is bad news

US equity indexes closed moderately mixed, SPX -29pts (0.4%) at 7718. Nasdaq comp' -0.3%. Dow -0.5%. The Transports settled +0.7%. R2K +0.3%

SPX – daily

VIX – daily

Summary

US equities opened a little weak, on a classic case of 'good news is bad news', with the market having renewed concerns that rates might be raised Sept'16th. The SPX cooled to 7706, and settling moderately lower at 7718.

Volatility remained subdued, the VIX printing a new multi-month low of 13.98, and settling +1.5% to 14.53. 
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A fine sunset... in the hellscape

 

As the war... continues




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