Wall Street: VIX at four-year low


(CercleFinance.com) – Wall Street closed Friday evening on an indecisive note, but the bias came out slightly positive with +0.33% on the Dow Jones and especially -3% on the ‘VIX’, which finished at most low of the year 2023 and recorded its best mark since the end of December 2019, at 12.45, which clearly placed it in the ‘zone of convenience’.

The S&P500 gained +0.06% (16th session of increase out of 19) and concluded a fourth positive week (weekly gain of +1%). The Nasdaq fell 0.11% in the wake of Nvidia -1.9%, Alphabet -1.3%, Meta -1%, Apple -0.7%… difficult to justify the -3% of the VIX in these conditions.

The American markets only reopened for a shortened session on this ‘Black Friday’ (closing at 7:00 p.m. Paris time), a day which kicked off the end-of-year holiday shopping frenzy in the States. -United.

In the absence of the majority of operators, the indicators on the agenda were published to general indifference: the composite PMI ‘flash’ index has stabilized a little above the critical threshold of 50 points since September, but the manufacturing PMI fell into contraction territory, at 49.4.

However, T-Bonds rose by +7 basis points to 4.48%, which in no way benefited the dollar which fell by -0.3%, with the euro recovering in contact with 1, 0935.

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