Volatility index drops over 11%, breaks below 19 after U.S. midterm elections
FROM THE WIRE · SEEKINGALPHA.COM
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images The Cboe Volatility Index (VIX [https://seekingalpha.com/symbol/VIX]), Wall Street's…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe drop in implied volatility signals easing market fear after the U.S. vote.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The VIX fell over 11% on Wednesday, slipping below 19 to 18.72 at publication.
- 02The index had traded close to 24 on October 30, before the vote.
- 03Investors assessed the implications of Democrats securing control of both chambers of Congress.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
State Street SPDR S&P 500 ETF754.35 USDMarket closedtoday +0.30%Positive CBOE Volatility Index18.23-0.38%today -12.48%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets