Dec 23, 03:13 PM

U.S. Equity Markets Mixed as S&P 500 Futures Bounce Back to 6034 from 5980, VIX Drops Under 17

U.S. equity markets showed a mixed performance as trading resumed ahead of the holiday week. The S&P 500 futures (ES_F) demonstrated resilience, bouncing back from a key support level at 5980, which was tested multiple times throughout the day. Following this support rebound, the futures reached a high of 6034, with further targets set at 6047 and 6100. The volatility index (VIX) fluctuated, initially rising to 19.40 before dropping back under 17, indicating a decrease in market volatility. The Nasdaq futures also experienced gains, rising by 183 points, while the S&P 500 and Russell 2000 showed slight movements of +0.2% and -0.1%, respectively. The trading environment remains cautious, with traders advised to monitor key levels and avoid overtrading as the holiday season approaches.

#Nasdaq #Russell 2000

Written with ChatGPT (GPT-4o mini).