Thursday 21 May 2020

US China tensions

US equity indexes closed moderately weak, sp -23pts (0.8%) at 2948. Nasdaq comp' -1.0%. Dow -0.4%. The Transports settled -0.4%.




US equities opened in minor chop mode, with the market held back by overnight comments from Trump...

Indeed, US China tensions are increasing.

The SPX saw a significant wave lower into late morning to 2938, but the market did somewhat recover into the mid afternoon, with renewed weakness into the close.

Volatility was a little mixed, the VIX printing 30.20, and settling +5.5% at 29.53.

One contrail, but its indicative of more flights.
Extra charts in AH (usually around 5pm EST) @

Goodnight from London
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