On Monday (May 6), the Dow Jones Industrial Average plunged over 470 on reports that U.S. President Donald Trump would impose tariffs on $200 billion worth of Chinese goods if Beijing failed to meet his demands by this Friday.
While the Dow managed to eke out a decent recovery over the course of Monday's trading, the CBOE Volatility Index (VIX) rocketed by 46%, hitting its highest level since late January.
This kind of volatility is great news – especially when you're looking at the top 10 penny stocks to buy this week.
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