VIX slips below 20 as Trump pulls Greenland tariff threat and Wall Street steadies
NEW YORK, Jan 21, 2026, 15:28 EST Volatility eased on Wall Street Wednesday as the VIX slipped under 20, easing more than 8% to close at 18.43. Stocks pushed higher, with the S&P 500 up about 0.5% in afternoon trading, buoyed after President Donald Trump ruled out using force to acquire Greenland. “The market bounced when he said we wouldn’t use force,” said Mark Hackett, chief market strategist at Nationwide. (Reuters) The VIX, or Cboe Volatility Index, measures expected short-term swings in the S&P 500 based on option prices. When the VIX spikes, it means investors are paying up for