{"id":1239,"date":"2023-10-13T20:05:36","date_gmt":"2023-10-13T20:05:36","guid":{"rendered":"https:\/\/infundpros.com\/markets\/wall-streets-fear-gauge-surges-as-middle-east-escalation-rattles-stocks\/"},"modified":"2023-10-13T20:05:37","modified_gmt":"2023-10-13T20:05:37","slug":"wall-streets-fear-gauge-surges-as-middle-east-escalation-rattles-stocks","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=1239","title":{"rendered":"Wall Street\u2019s \u201cfear gauge\u201d surges as Middle East escalation rattles stocks"},"content":{"rendered":"
\n

The Cboe Volatility Index
\n VIX,
\n +16.06%<\/bg-quote>,<\/span>
\n better known as the Vix or Wall Street\u2019s \u201cfear gauge,\u201d surged 20% on Friday to touch its highest level in more than a week, leaving it just shy of levels not seen since late May, according to FactSet data. The index touched an intraday high of 20.78, just shy of the Oct. 4 intraday high of 20.88. The move put the index briefly above its long-term average of 19.6. The Vix has remained relatively subdued since stocks started sinking in early 2022, only seeing a few brief spikes above its long-term average. The index reached its current 52-week high of 33.87 on Oct. 13 as stocks sold off following the release of a closely-watched inflation report, before the market staged a notable intraday rebound. Market strategists blamed geopolitical tensions tied to Israel\u2019s escalating conflict with Hamas, as well as a U.S. plan to impose more sanctions on Russian oil sales, for rattling stocks as crude-oil prices jumped. The S&P 500
\n SPX,
\n -0.50%<\/bg-quote>
\n traded as low as 4,311.97, down 1.1%, according to FactSet. It has since pared some of those losses, but remains on track to finish lower. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Cboe Volatility Index VIX, +16.06%, better known as the Vix or Wall Street\u2019s \u201cfear gauge,\u201d surged 20% on Friday to touch…<\/p>\n","protected":false},"author":1,"featured_media":1240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-1239","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"yoast_head":"\nWall Street\u2019s \u201cfear gauge\u201d surges as Middle East escalation rattles stocks | inFundPros<\/title>\n<meta name=\"description\" content=\"The Cboe Volatility Index VIX, +16.06%, better known as the Vix or Wall Street\u2019s \u201cfear gauge,\u201d surged 20% on Friday to touch its highest level in more\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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