Market Notes for 4/6-4/10
Market Notes for 4/6-4/10
Market Notes for 4/6-4/10
SPX closed Thursday at 6,582.69, finishing the shortened holiday week up 3.4% — its strongest weekly gain in months. The move was initially driven by quarter-end rebalancing flows on Monday, with momentum carrying into the start of April. Volatility cooled meaningfully, with VIX closing at 23.87 — down sharply from last week’s 31+ spike. While mean reversion is underway, vol remains elevated enough to support continued two-way price action.
