VIX Approaches 20 Amid Iran Tensions and Tesla Volatility
The CBOE Volatility Index (^VIX) rose to 19.7, nearing the 20 threshold for elevated fear, driven by Iran-related geopolitical tensions and Tesla's volatile stock movement. WTI crude oil prices climbed 6% to near $91 per barrel, while Tesla (TSLA) saw a sharp swing in shares after raising its capital expenditure guidance to $25 billion.
Topics: Iran tensions market volatility oil prices Tesla stock VIX