US equity indexes closed broadly higher, sp +27pts (0.9%) at 2954. Nasdaq comp' +0.8%. Dow +0.9% The two leaders - Trans/R2K, settled +0.7% and +0.5% respectively. Near term outlook offers cooling into Friday's quad-opex.
US equities opened strongly higher, with the SPX breaking a new historic high of 2956, which naturally pleased the Trump...
Further, from last evening...
The US President sure does like to cite US equities as one of his key achievements.
The opening gains from 2956 did erode though, pressured via Trump comments on Iran. The afternoon saw moderate chop, breaking a new historic high of 2958 in the closing hour, and settling on a broadly positive note.
Volatility broke a new cycle (cash-market) low of 13.91, before leaning upward to 16.03, and settling +2.9% at 14.75. The s/t cyclical setup favours the bears, with the market makers highly inclined to see price cool into the quad-opex.
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