Wall Street’s fear gauge, the Cboe Volatility Index (VIX), dropped over 0.3 points to just above 15 as investors felt calm due to positive earnings and trade news. A VIX reading below 20 signals low volatility, with investors awaiting more updates on trade deals following President Trump’s agreement with Japan to avoid tariff increases by Aug. 1.

Read more at Dow Jones & Company: Fear Index Slips as Earnings and Trade Soothe Wall Street