US stock market fear index VIX surges over 47%, breaking through the 24 mark to hit a new high since April 7
Odaily reports: According to MSX.COM data, U.S. stock market volatility rose significantly, with the S&P 500 Volatility Index (VIX) at 24.44 points, up 7.83 points, a gain of 47.14%, touching an intraday high of 24.44 points, the highest since April 7. Meanwhile, the three major U.S. stock indices fell collectively, with the Dow down 1.50%, the S&P 500 down 2.65%, and the Nasdaq Composite down 4.25%.
