Back

Cboe Volatility Index Climbs to Highest Level in Over a Month

The VIX rose by 1.89 points to 27.17, reflecting a sharp increase in market volatility and signaling heightened investor concerns.

Summary

On October 17, the Cboe Volatility Index (VIX) rose by 1.89 points to 27.17, marking its highest level in over five months. This spike indicates a significant uptick in market volatility, with investors showing increased fear or uncertainty in the market.

Terms & Concepts
  • Cboe Volatility Index (VIX): A benchmark index that measures the market’s expectations of near-term volatility, often referred to as the 'fear gauge.'