Trade conflict between the United States and China push investors away from risky assets. Dow Jones turns red for the year. CBOE Volatility Index rises to June highs. Major equity indexes started the day on a negative note and continued to push lower on Tuesday as the latest headlines on the trade conflict between the United States and China suggested that either side is looking to take a step back. The CBOE Volatility Index (VIX), Wall Street’s widely used fear gauge, advanced to its highest level of the month before retreating in the last hours of the session. At the end of the session, the index was up 9% at 13.43. Commenting on the market sentiment, “investors are waking up to the idea that all the rhetoric on trade could be more than just a negotiating tactic,” Emily Roland, head of capital markets research at John Hancock Investments in Boston, told Reuters. Hurt by trade war concerns, Boeing and Caterpillar, which rely heavily on the Chinese demand, suffered heavy losses and caused the S&P 500 Industrials Sector (SPLRCI) to record its biggest daily decline, 2.14%, since April. On the other hand, another 1% decrease witnessed in the barrel of West Texas Intermediate ahead of OPEC’s Vienna summit weighed on the S&P 500 Energy Index (SPNY) for the second day in a row, which closed 0.3% lower. The Dow Jones Industrial Average lost more than 300 points to erase the gains of the year before closing the day 286.22 points, or 1.15%, lower at 24,701.25 points. The S&P 500 fell 11.01 points, or 0.40%, to 2,762.74, and the tech-heavy Nasdaq Composite dropped 20.27 points, or 0.26%, to 7,726.76. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Deputy Chief of Staff resigns FX Street 5 years Trade conflict between the United States and China push investors away from risky assets. Dow Jones turns red for the year. CBOE Volatility Index rises to June highs. Major equity indexes started the day on a negative note and continued to push lower on Tuesday as the latest headlines on the trade conflict between the United States and China suggested that either side is looking to take a step back. The CBOE Volatility Index (VIX), Wall Street's widely used fear gauge, advanced to its highest level of the month before retreating in the last hours of the session. At the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.