Cboe Volatility Index Drops Over 11% Following U.S. Midterm Elections
The Cboe Volatility Index (VIX), commonly referred to as Wall Street's 'fear gauge,' experienced a significant decline of over 11% on Wednesday. The index fell below the 19 level, trading at approximately 18.72 as market participants reassessed risk profiles in the wake of the U.S. midterm elections. The sharp drop reflects a reduction in immediate market uncertainty following the election results. As investors digest the political landscape, the decrease in volatility suggests a shift toward a more stable or predictable trading environment in the short term.
Topics: market volatility U.S. midterm elections VIX
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Part of the story Market Volatility Increases Following Midterm Elections and AI Sector Selloff (7 articles)