By April Joyner
NEW YORK (Reuters) – Investors are bracing for more turbulence in U.S. stocks, as some states prepare to reopen their economies and global trade tensions rise.
The Cboe Volatility Index, known as Wall Street’s fear gauge, posted its biggest weekly gain in about two months, reflecting the S&P 500 index’s 2.6% slide from its April 29 high. VIX futures have jumped as well, with investors pricing elevated risk into June contracts.
Whether recent losses in stocks resulted from profit taking after April’s swift rally or were the start of a prolonged decline may become more apparent in