The VIX spikes 70%: here's what history suggests comes next
FROM THE WIRE · FINANCE.YAHOO.COM
If you are looking for something positive after Thursday's shocking stock beatdown, you have come to the right place ahead of the weekend. History suggests stocks tend to do well after the extreme volatility we saw two days removed from the Election Day blue wave. The VIX…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA move this large in the VIX is rare and has historically been followed by positive S&P 500 returns in the following months.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The VIX jumped as much as 70% in a single session on Thursday.
- 02A move this large has happened only eight times since 1991, according to CBOE.
- 03After the eight prior episodes, the S&P 500 averaged +3.0% after one month and +10.4% after six months.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Sandisk Corporation806.43 USDMarket closedtoday -22.26%Neutral S&P 5007,353.73Market closedtoday -4.36%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets