Tuesday 7 July 2020

Tuesday chop

US equity indexes closed broadly weak, sp -34pts (1.1%) at 3145. Nasdaq comp' -0.9%. Dow -1.5%. The Transports settled -1.1%.




US equities opened on a weak note, but sp'3159 was all the bears could manage, with most indexes turning positive by late morning.

The afternoon saw a secondary cooling wave from 3184 to 3142, and settling at 3145.

Volatility climbed for a second day, the VIX settling +5.3% to 29.43.

Extra charts in AH (usually around 5pm EST) @ https://twitter.com/permabear_uk

Goodnight from London
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