Thursday, 5 November 2026

A damn ugly Thursday

US equity indexes closed powerfully lower, SPX -334pts (4.3%) at 7353. Nasdaq comp' -5.5%. Dow -3.4%. The Transports settled -3.6%. R2K -4.5%

SPX – daily

VIX – daily

Summary

US equities opened weak, with the market spiraling lower. There were numerous bounce attempts, but all failing, the SPX printing 7350, and settling powerfully lower at 7353. 

The VIX hyper spiked, printing 28.36, and settling +69.7% to 28.18 
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