Wall Street's 'fear gauge' — the VIX — hits highest level since the pandemic market plunge in 2020
Publishing timestamp: 2024-08-05 11:49:37
Summary
The VIX, a key measure of expected volatility in the stock market, surged to its highest level in more than four years on Monday morning. This increase could be due to traders adding protection or shifting out of short-term options. While spikes in VIX often coincide with market sell-offs, they can also be short-lived and precede rebounds for stocks.
Sentiment: NEUTRAL
Tickers: .VIX,
Keywords: investment strategy, markets, breaking news: investing, business news, cboe volatility index, breaking news: markets,
Source: https://www.cnbc.com/2024/08/05/wall-streets-fear-gauge-the-vix-rises-to-the-highest-since-2020.html