SKN | VIX Surges Nearly 13% as Market Volatility Returns, Putting Investor Confidence to the Test
Market News & Breaking Updates The U.S. equity market ended the week with a notable increase in investor caution as the CBOE Volatility Index rose sharply on Friday, October 30. The VIX, commonly known as Wall Street’s fear gauge, advanced to 19.42, highlighting a shift in near-term expectations for market fluctuations even as its five-day performance remained broadly stable. VIX Rebounds Sharply as Short-Term Uncertainty Increases The VIX gained 2.22 points, or 12.91%, from its previous close of 17.20. It opened at 18.43 and traded within a reported daily range of 18.03 to 23.93, indicating a substantial increase in intraday uncertainty before the index settled below its peak. The closing level remained below the 20-point threshold, which market participants often monitor as an […]
