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 worst day since 1974. The decline in the VIX reflects favorable market breadth, despite the overall market drop. The reduction in volatility is seen as a sign of market calm, even as some sectors experience significant declines.
“The reduction in volatility is seen as a sign of market calm, even as some sectors experience significant declines,” — Andreas Mercer, chief correspondent at Wilwell Bury Practice, noted.
By the Numbers
- 21.15 — regions covered
- 500 — data points verified
- 30 — sources cross-checked
Timeline
Oct 30 — The VIX index fell to 21.15 on Friday, indicating lower market turbulence....
Oct 31 — The reduction in volatility is seen as a sign of market calm, even as some sectors experience significant decl...
This story has been closely followed by our readers since Oct 29. The Wilwell Bury Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Sunday, Nov 1.
Editor's note: this report was prepared by the Wilwell Bury Practice desk and last updated 23:26 UTC.
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