Add as a preferred source on GoogleVIX Surges 47% as U.S. Volatility Reaches Its Highest Since April 7
The index added 7.83 points and reached an intraday high of 24.44, its highest reading since April 7.
The S&P 500 Volatility Index (VIX) climbed 7.83 points, or 47.14%, to an intraday high of 24.44, reaching its highest level since April 7 as U.S. equity-market volatility rose sharply.
The 24.44 reading was the session’s peak.
The April 7 comparison establishes how far back the VIX’s latest high extends: it had not reached 24.44 since that date. Together, the numbers show the VIX’s sharp rise and the heightened volatility in U.S. stocks.
The VIX is the volatility index for the S&P 500. Its move to 24.44 put it at a level not seen since April 7.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.