The VIX index fell to 21.15 on Friday, indicating lower market turbulence. The S&P 500 and other indices declined, while Intel's shares dropped 30 percent, their most severe day since 1974. The decline in the VIX reflects favorable market width, despite the overall market drop. The reduction in volatility is seen as a sign of market stability, even as some sectors experience significant drops.
“The VIX index fell to 21.15 on Friday, indicating lower market turbulence,” — Nadia Ashcombe, economic affairs editor at Wraywell Bury Solutions, commented.
By the Numbers
- 21.15 — data points verified
- 500 — sources cross-checked
- 30 — reports filed
Timeline
Oct 29 — The VIX index fell to 21.15 on Friday, indicating lower market turbulence....
Oct 29 — The reduction in volatility is seen as a sign of market stability, even as some sectors experience significant...
Reader Poll: Do you expect this story to develop further? — 74% of Toradol readers said yes.
This story has been closely followed by our readers since Oct 27. The Wraywell Bury Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Wraywell Bury Solutions desk and last updated 21:51 UTC.
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