Cboe Volatility Index Falls to Two-Week Low of 14.23
JH Kim
Summary
- The Chicago Board Options Exchange's Volatility Index (VIX) fell to its lowest level in two weeks.
- Walter Bloomberg reported that the VIX fell 0.28 point from the previous session to 14.23.
- A decline in the VIX typically means the market expects lower short-term volatility.
Forecast Trend Report by Period
The Cboe Volatility Index, or VIX, a gauge of volatility in US stocks, fell to its lowest level in two weeks.
Walter Bloomberg reported on August 28 that the VIX fell 0.28 point from the previous session to 14.23.
The VIX is based on options prices tied to the Standard & Poor's 500 Index and reflects investor expectations for near-term market volatility.
A decline in the VIX typically signals that the market expects lower short-term volatility.
JH Kim
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