Volatility Index Soars Amid Market Turbulence: A Deep Dive into Recent Trends
In a dramatic turn of events, the Cboe Volatility Index (VIX) has seen unprecedented swings, reflecting investor anxiety amid a turbulent stock market. On Monday morning, the VIX surged above 60, a stark increase from Friday’s close of around 23, indicating heightened fear and uncertainty in the markets. This spike comes as investors grapple with significant losses, with the stock market plummeting over 5% during trading hours, pushing the VIX to its third-highest level ever at above 65. ...