The markets have chopped around and traded mostly sideways over the past month, with the S&P 500 remaining mostly flat after bouncing back on June 11 after President Donald Trump announced that he was halting attacks on Iran.
But prior to his social media post, the benchmark index was on the verge of a pullback, having fallen 4.5% from its one-month high. Conditions remain volatile, though, with the Chicago Board Options Exchange’s CBOE Volatility Index (VIX) reaching its highest level since early April.
