Zeroes Across The Board
2025-04-15 22:15:00 ET
Summary
- Tuesday granted Wall Street a welcome rest, closing in a sea of zeroes resembling salary negotiations at an unpaid internship fair.
- The CBOE Volatility Index (VIX) simmered down to 30 after last week’s tariff shock sent it boiling into the 50s.
- Trade remains the big question mark enchilada, as markets search for tariff off-ramps from the administration’s opening salvo of shock and awe.
- The New York Fed’s April Empire State Manufacturing Index rose to -8.10 in April from March’s -20.00, beating expectations.
Tuesday granted Wall Street a welcome rest, closing in a sea of zeroes resembling salary negotiations at an unpaid internship fair. Morning gains faded into the ether, but when the worst anyone can muster is a 0.4% loss, we’ll call it a collective shrug in pinstriped pajamas....
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Zeroes Across The BoardNASDAQ: YANG
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