U.S. stocks ‘fear gauge’ at 6-month low as Wall Street eyes new highs

With U.S. stocks a stone’s throw away from hitting a record high, Wall Street’s so-called “fear gauge” slipped to a fresh six-month low on Friday, in a sign investors expect the good times to keep rolling.

But you wouldn’t know that looking at the Cboe Volatility Index today. On Friday the VIX - a widely followed options-based barometer of expected near-term volatility for stocks - slipped as low as 12.11, its lowest since October 5. “Despite the fact that the market is closing in on record highs, systematic and macro investors have a long way to go in terms of re-levering their portfolios,” the analysts said.The return of these types of investors to stocks can continue for the next couple of months and support the market, they said.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Posthaste April 12: Blockbuster energy deal, Wall Street beats and Ontario’s business-friendly budgetStuff you need to know today
Source: nationalpost - 🏆 10. / 80 Read more »

Asian stocks climb following lacklustre day on Wall StreetInvestors watch for Chinese trade data due out Friday
Source: globeandmail - 🏆 5. / 92 Read more »

Wall Street calling! World market themes for the week aheadWall Street calling! World market themes for the week ahead GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »