Highlights from the July 8th Leading Indicator Watch: The S&P 500 rose 74.06 points, ending at 3,899.39 and is down 18.19% YTD. The VIX (CBOE Volatility Index) fell to 26.3 from 28.4, highlighting a recent decrease in volatility. Be sure to check out more of last week’s Leading Indicators here and stay tuned for the latest in Market Thoughts.