The drop in the VIX from April 10 to March 12 was one of only four times the gauge has fallen from a level above 40 to below 20 in under 100 days.

Stocks have climbed out of a big hole. Here’s what Goldman Sachs says investors should do next

Asian shares are mostly higher as a cautious sense of relief spreads through regional markets after the U.S. and China agreed to a 90-day pause in their trade war to allow for negotiations.

The Dow opened lower after the Consumer Price Index report showed annual inflation slowed to 2.3%, marking the lowest inflation rate since early 2021. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Extreme volatility in the U.S. stock market has evaporated, with a popular gauge of investor anxiety now sending a bullish signal.

"Right now, we're not out of the woods. I don't think it's necessarily a 'pound the table' time to buy stocks per se," Brian Vendig, MJP chief investment officer, told Yahoo Finance in an interview on Friday morning. "In the short term, this volatility is not going away."

Consolidated Edison, Inc. (ED), headquartered in New York, engages in the regulated electric, gas, and steam delivery businesses. With a market cap of $37.3 billion, the company is committed to providing safe and reliable energy services to millions of customers across its service territories.