The European Union has agreed to fast-track trade talks with the US in a bid to avoid President Trump's 50% tariffs — which, in an about-face, he announced would be delayed until July 9. "This is a positive event,

Rested and recharged after their Memorial Day barbeques and, more importantly, happy over U.S. President Donald Trump’s Sunday announcement that he would delay a threatened 50% tariff on EU goods until July 9 to allow for more negotiations,

Wall Street’s fear gauge settled down after the delay in EU tariffs eased some jitters among traders. The CBOE Volatility Index, or VIX, was down to 19.30 on Tuesday after spiking north of 25 during Friday’s session.