Wall Street's 'Fear Gauge' Jumps, but Remains Far From Last Year's Highs -- WSJ

Dow Jones
02-03

By Chelsey Dulaney

Investors are on edge about the Trump administration's new tariffs, but not panicking.

-- The CBOE Volatility Index, also known as the VIX, rose above 20 early Monday, a 24% increase from Friday's closing level.

-- That is still far below the levels seen during August's market mayhem, when the VIX reached 66 in intra-day trading after a weak jobs report fueled recession fears.

-- The VIX was also higher in December, when the Federal Reserve sparked a stock selloff by indicating it would deliver fewer rate-cuts in 2025 than investors had hoped.

-- The VIX is known as Wall Street's "fear gauge." It is based on options prices tied to the S&P 500 and measures expected volatility.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 03, 2025 05:51 ET (10:51 GMT)

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