After Months in Denial VIX Hears Signals Sent by Other Markets
VIX Index: Market Volatility or Fear for Investors?
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U.S. stock and options traders finally got the message.
Spurred by the worst selloff in U.S. equities since 2011, the Chicago Board Options Exchange Volatility Index jumped 118 percent to 28.03 last week, its biggest five-day gain on record. American equities were the last to succumb to a drumbeat of warnings on global growth emanating for months from bond, currency and commodities markets.