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Investor Anxiety Grows As VIX Index Records Dramatic Increase Amid Fed Rate Hike Concerns: Why Is Volatility Spiking Thursday?
Thursday, July 6, 2023 - 12:31pm | 939The CBOE Volatility (VIX) Index, commonly known as the “fear index,” surged over 20% on Thursday, reflecting the prevailing market volatility across major U.S. stock indices. With a daily change of 20%, the VIX is on track for its best session of 2023, topping the spike seen on March 8...