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What Yesterday's Volatility Index (VIX) Spike Says About the Market Today
Yesterday (Thursday), the Volatility Index (VIX), often referred to as the "investor fear gauge," jumped 32.2%, its highest advance on the year and the index's biggest surge since April 2013.
The VIX spike was triggered by the downing of a Malaysian passenger plane on the Ukrainian-Russian border and an Israeli invasion of the Gaza Strip after ceasefire talks broke down.
Here’s the most important thing to understand when a big spike in the VIX takes place…
Yesterday (Thursday), the Volatility Index (VIX), often referred to as the "investor fear gauge," jumped 32.2%, its highest advance on the year and the index's biggest surge since April 2013.
The VIX spike was triggered by the downing of a Malaysian passenger plane on the Ukrainian-Russian border and an Israeli invasion of the Gaza Strip after ceasefire talks broke down.
Here’s the most important thing to understand when a big spike in the VIX takes place…