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Wall Street’s go-to fear gauge was sliding on Friday, signaling that investors were feeling a little calmer after President Donald Trump called off planned U.S. strikes on Iran.
The Cboe Volatility Index, or VIX, slipped 0.9 points to 18.5 in early trading. Any reading below 20 tends to indicate relatively low volatility.
The VIX was moving lower after Trump canceled attacks on Iran and signaled there could soon be a peace deal to end the war in the Middle East. That put the market at ease–although volatility could flare up again later if SpaceX’s trading debut doesn’t go to plan.
Weekly Indicators: Consumers Back Off – Slightly
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