Stock Market Volatility
The VIX, a key measure of stock market volatility, has surged to levels not seen since the pandemic and the 2008 financial crisis. It reached 54 on Monday, calming down to 33.96 later. The VIX is based on S&P 500 options prices and is known as the 'fear index.'
Key Points
- VIX surged to 54, highest since 2020
- Calmed down to 33.96 later on Monday
- VIX is based on S&P 500 options prices
- Referred to as the 'fear index'