Record Surge in Wall Street's 'Fear Gauge' as Stock Market Declines

Reported 2 months ago

On Monday, the CBOE Volatility Index, a key measure of investor anxiety on Wall Street, experienced its largest intraday spike ever as U.S. stock futures plummeted, raising recession fears. The VIX soared to a peak of 65.73, marking an increase of about 42 points from the previous Friday's close, while the stock market continued to see significant declines, reminiscent of historical market crises.

Source: YAHOO

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