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SPY - Market Volatility Bulletin: VIX Savagely Beaten Down As Markets Look For Resolution To Trade Dispute
SPDR S&P 500
Market Intro
CNBC: Fri 3:01PM EST
US stocks (SPY, DIA, QQQ, IWM) endured a roller coaster day of trade on Friday as we approach the close. Spot VIX is down nearly 13% on the day.
Trade tariffs were set in place as of midnight on Friday, causing a tumultuous dip in the early session. Since then, markets are looking for reason to believe that the US and China will find a mutually agreeable solution to the ongoing trade disputes.