The Stock Market Is Quiet. The New Year Will Change Things.
Stocks weren’t moving overmuch connected Tuesday arsenic the market’s fearfulness gauge remained comparatively subdued, but the caller twelvemonth could reignite volatility.
The S&P 500 was up little than 0.1% aft closing astatine a grounds connected Monday. The Nasdaq Composite, besides coming disconnected a grounds close, was up different 0.3%. The Dow was down 57 points, oregon 0.1%. The Russell 2000 was down 0.7%.
The CBOE Volatility Index, oregon VIX, was unchanged astatine 13.35. Known arsenic the market’s fearfulness gauge due to the fact that it measures implied volatility successful the S&P 500 implicit the coming 30 days, the VIX has been mostly calm since the U.S. statesmanlike election. The marketplace seems comparatively zen contempt geopolitical uncertainty heading into different Trump administration.