VIX volatility gauge surges above 200-day moving average as stocks tumble

A closely watched gauge of expected stock-market volatility jumped Thursday as a tech-led selloff dragged major benchmarks sharply lower. The CBOE Volatility Index VIX, +18.10%, known by its ticker symbol"VIX", rose 3.79 points to 30.76 after trading at a more-than-seven-week high of 32.19, according to FactSet. The rise took the VIX above its 200-day moving average, which stood Thursday at 28.26, for the first time since July 30.

The VIX, which typically jumps during big stock-market selloffs, also tends to fall back during long, gradual rallies, but had remained stubbornly elevated above its long-term average of near 20 as stocks pushed back into record territory in recent weeks. Stocks were under heavy pressure Thursday, a day after the S&P 500 SPX, -3.10% and Nasdaq Composite COMP, -4.34% logged another round of records and the Dow Jones Industrial Average DJIA, -2.

This was a wild ride, I say give a two week recovery? That’s just my guess

Yesterday MW said EWG is good for a Biden win Down 2.7% today Does that mean Biden is going to lose?

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks open lower, Nasdaq threatens to snap 4-day win streakStocks opened slightly lower Thursday, taking a breather a day after the Dow Jones Industrial Average closed above 29,000 for the first time since February.... Short term profit booking in US Equities!
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

5 things to know before the stock market opens ThursdayU.S. stock futures were modestly lower Thursday after the Dow surged 1.6% to its first close above 29,000 since Feb. 20. Wall Street isn’t Main Street. Both need to be nurtured !
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »