Equity indexes regained some ground on Friday to close off its highs, pushing the CBOE Volatility Index back below the 13 level.
The S&P 500 gained 7.01 points, or 0.37 percent, to close at 1877.86. That left the benchmark index virtually unchanged for the week. Resistance is at its high of 1902, while support is at 1850.
The Nasdaq 100 climbed 22.03 points, or 0.62 percent, to 3587.20. The NDX was a few points higher for the week. It has resistance at 3600 and support at 3500.
The Russell 2000 gained 6.92 points, or 0.63 percent, to 1102.91. It was slightly lower on the week and remains below its 10- and 20-day moving averages. The small-cap index has resistance at 1140 and support at 1080.
The VIX fell 0.73 points, or 5.54 percent, to 12.44. The nine-day CBOE Short-Term Volatility Index (:VXST) dropped 2.35 points, or 17.6 percent, to finish at 11 even.
The VIX futures followed lower, with the May contracts down 0.45 points to 13.25 and the June futures down 0.30 points to 14.65. That left the iPath S&P 500 VIX Short-Term Futures Note (:VXX) down 2.32 percent to another record low of $36.55.
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