VIX To Snap Win Streak As Stocks Cling To Gains

Stocks are clinging to modest gains this afternoon despite tariff tensions, as Europe prepared its retaliatory levies to begin April 15, while China said an 84% tariff will begin Thursday on U.S. imports. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) sit just above the flatline, looking to snap a four-day losing streak, while the tech-heavy Nasdaq Composite (IXIC) is also higher. The market's "fear gauge," also known as the Cboe Volatility Index (VIX), is on track for its first loss in five sessions.

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Uranium giant Cameco Corp (NYSE: CCJ) is sporting unusual options activity today, with 14,000 calls and 77,000 puts crossing the tape so far. This represents 6 times the average daily volume, and most popular is the weekly 4/25 37-strike put, with positions being opened at the September 30 put. While the catalyst is unclear, CCJ is up 0.1% at $36.72 at last glance. The $36 level has also moved in as a floor, capturing this week's pullbacks. Over the past 12 months, CCJ has shed 22.6%.

Gold mining name Anglogold Ashanti PLC (NYSE: AUis one of the top stocks on the New York Stock Exchange (NYSE) today, up 7.5% to trade at $35.64 at last check. Trade war tensions and a weakening U.S. dollar are pushing commodities higher today, with the security now eyeing its best day since July. So far in 2025, AU has added 55.3%.

One of the worst performers on the NYSE today is Bloom Energy Corp (NYSE: BEstock, down 8.9% to trade at $15.51, after receiving a downgrade to "sell" from "neutral" at Redburn Atlantic. The firm also cut its price target to $10 from $14.50, citing concerns around growth and earnings. Now 20.5% lower for 2025, today's pullback has the shares contending with the 320-day moving average.

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