U.S. Stocks Resilient in Week of Surprises as VIX Stays Quiet
Pedestrians walk past the New York Stock Exchange on April 1, 2016.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
A week marked by surprises, from a U.S. missile strike in Syria to a jobs report that was the weakest in almost a year, did little to rattle U.S. equities sitting near record levels.
Against a backdrop of rising geopolitical tensions and uncertainty over the Donald Trump administration’s approach to financial regulation, volatility remained muted in the stock market. The VIX tallied its 103rd session below 15, the longest streak since February 2007, according to Bloomberg data.