Reported 10 days ago
Wall Street's Cboe Volatility Index, known as the 'fear gauge,' surged to an eight-month high as U.S. stocks continued a selloff due to concerns over President Trump's tariff policies. The index peaked at 60.13 amidst increasing investor anxiety, while the S&P 500 approached bear market territory. Analysts suggest that the recent spike in volatility may signal a significant point in the market's downturn, although a quick recovery remains uncertain.
Source: YAHOO