Stocks were sliding on Thursday as the trade-relief rally fizzled out, but investors were still feeling zen. The Cboe Volatility Index, a widely-followed fear gauge that tracks S&P 500 options and trades under the ticker VIX,

Stocks drifted to a mixed close on Wall Street, holding on to most of the gains they made earlier in the week after the U.S. and China declared a temporary cease-fire in their trade war.

U.S. stocks are drifting higher Thursday following a jumble of mixedreports that shed little clarity on how the U.S. economy is managing through President Donald Trump’s trade war. The S&P 500 was 0.4% higher in afternoon trading after erasing a modest,