Wall Street Fear Gauge Drops as Trade Tensions Ease
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Investors were feeling a little calmer on Wednesday as news of a summit between the U.S. and China boosted hopes that the world's two largest economies will find a way to de-escalate their trade war. The Cboe Volatility Index, a widely-followed Wall Street fear gauge that tracks S&P 500 options contracts and trades under the ticker VIX, slid 1.
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