The Cboe Skew Index, which measures options traders’ demand for tail-risk hedges, has risen sharply since Nov. 12, when it touched a post-election low. The index closed above 167 on Monday, its highest reading in more than two months, according to LSEG data.

Stocks wavered in afternoon trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market. The S&P 500 fell 0.4% in afternoon trading, even though more stocks were rising than falling in the index.

U.S. stocks rose to records after Donald Trump's latest talk about tariffs created only some ripples on Wall Street

U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way.The Standard & Poor's 500 climbed 0.3% to pull closer to its all-time high set two weeks ago.