US equity indexes mostly closed significantly lower, SPX -85pts (1.1%) at 7718. Nasdaq comp' -1.9%. Dow -0.1%. The Transports settled +0.1%. R2K -2.1%
SPX – daily
VIX – daily
Summary
The day began with the latest inflation data...
Headline y/y: 3.7% vs 3.4% prior
Core y/y: 2.6% vs 2.4% prior
Equities opened a little weak, and whilst there was a bounce attempt, the sellers appeared, with the market sliding into the afternoon to 7693, and settling at 7718.
Volatility spiked, the VIX settling +10.5% to 16.87.
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