Wall Street Stays Calm as Stellar Week for Markets Winds Down
Investors were in a laid-back mood at the end of what's been a stellar week for the stock market.
The Cboe Volatility Index, a widely-followed fear gauge that trades under the ticker VIX, fell 0.6% to 17.7 in early trading. Any reading below 20 is typically seen as a sign of relatively low uncertainty.
The U.S. and China brokered a deal to scale back tariffs for 90 days on Monday, sparking a broad market rally. While investors still aren't sure what the next catalyst to send stocks a leg higher will be, signs of easing trade tensions have put an end to the widespread panic sparked by the sweeping levies President Donald Trump rolled out on April 2.
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