The US stock market has stabilized following initial turbulence linked to President Donald Trump's extensive tariff policies. The CBOE Volatility Index (VIX), a key gauge of investor anxiety, has experienced its fastest decline on record, dropping from highs of 60 and 25 down to levels around 18-19. This decline signals a more bullish market outlook as volatility subsides. Major indices such as SPY and QQQ remained flat in after-hours trading, while the Russell 2000 (IWM) declined slightly by 0.2%. Notable stock performances included Super Micro Computer (SMCI) rising 9%, Nvidia (NVDA) up 2%, Tesla (TSLA) up 2%, Digital JT (DJT) up 5%, Hims & Hers Health (HIMS) up 3%, and Palantir Technologies (PLTR) up 1%. Market participants have observed VIX call spreads activity and noted that the VIX's 37-day moving average is a key catalyst ahead of the upcoming options expiration (OPEX). The 10-year Treasury yield hovered around 4.5%. Despite some volatility spikes during the trading day, the overall trend points to reduced market anxiety and a more stable trading environment.
TGIalmostF. Investors remain in a cheerful (not fearful) mood. The $VIX fell another 4% today. Below 18 for the first time since late March. Ciao.
Volatility Indexยฎ @CBOE #VIX at 18-19, down from 25, even 60! S&P set for ~1% move. Market's taking global uncertainties in stride. #ITSNOTANOPTION @petenajarian @MXLESQ https://t.co/vmY4P5GGEw
Wild month for SPX vol $SVXY $UVXY $VXX $VIX https://t.co/Aj7Lwxh5UM