Wall st 'fear gauge' vix continues cooldown after dramatic spike earlier this month
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The CBOE Market Volatility Index (VIX) — known as Wall Street’s “fear gauge” — hit elevated levels last week after a dramatic selloff that Monday. Since then, things have cooled off quite a
bit. The VIX is currently trading around 19.42, down about 6.2% for the day. If the VIX maintains this level, it's set to close below 20 for the first time since August 1. The VIX
traded above 20 for the previous seven days. This is its longest streak above 20 since March 2023, where it remained at that level for 13 consecutive days.