Wall Street 'fear gauge' jumps to three-month high as stocks resume slide

NEW YORK - Wall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on Thursday spurred concerns the economy may be slowing faster than anticipated.

The concerns, which have pulled the S&P 500 Index down about 4% from its July 16 record closing high of 5,667.2, have also spurred a jump in trading in VIX options. The index is up 14% year-to-date.On Thursday, some 1.5 million VIX options contracts changed hands, nearly twice the average daily volume for the options, according to Trade Alert data.Meanwhile, the VVIX index - a gauge of expected swings in the fear index - closed up 16.93 points at 111.

When investing, how would you like to have your cake and eat it too? That's the idea of an old-turned-new strategy catching fire among hedge funds.CEO and Founder Tasleem Waris Defies Odds to Launch Bubble and Bling Perfume, Jewellery and Skincare

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zoomsTOKYO (AP) — Asian shares were mostly higher on Wednesday after Tesla shares zoomed up more than 10%, helping to drive U.S. benchmarks to new records.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Wall Street hits records as a slowing economy boosts hopes for lower ratesNEW YORK (AP) — Wall Street’s record-breaking rally kept going after weak reports on the economy kept the door open for possible cuts to interest rates. The S&P 500 rose 0.5% Wednesday to set an all-time high for the 33rd time this year.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Wall Street sticks near its records as yields slide after jobs reportNEW YORK (AP) — U.S. stocks are sticking near their records following a jobs report that showed a slowdown in hiring and contained nuggets of data for both optimists and pessimists.
Fuente: SooToday - 🏆 8. / 85 Leer más »