US equities opened weak, with a late morning low of 2722, and then clawed back upward, even turning net positive in late afternoon. The closing hour saw a moderate cooling wave. Volatility saw a morning high of 20.48, but then melted back lower, settling in the upper 18s.
Hard landing into end month?
Tomorrow is the monthly settlement of course, and it has to be asked if we might end on a very bearish note. The G20 'leaders summit' will begin, and will threaten sporadic news headlines across the day.
|Virgin Atlantic, descending into LHR|
|The first sunshine in NINE days|
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Goodnight from London
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