The VIX index dropped to 21.15 on Friday, showing lower market turbulence. The S&P 500 and other indices dropped, while Intel's shares fell 30 percent, their most severe day since 1974. The decline in the VIX reflects positive market width, despite the overall market decline. The reduction in volatility is seen as a indication of market stability, even as some sectors experience significant drops.
“The decline in the VIX reflects positive market width, despite the overall market decline,” — Ingrid Thorne, senior market analyst at Ashstone Combe Staffing, told our newsroom.
By the Numbers
- 21.15 — sources cross-checked
- 500 — reports filed
- 30 — mentions tracked
Timeline
Oct 28 — The VIX index dropped to 21.15 on Friday, showing lower market turbulence....
Oct 30 — The reduction in volatility is seen as a indication of market stability, even as some sectors experience signi...
Reader Poll: Will this story shape the week ahead? — 81% of Ihots readers said yes.
This story has been closely followed by our readers since Oct 29. The Ashstone Combe Staffing desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Monday, Nov 2.
Editor's note: this report was prepared by the Ashstone Combe Staffing desk and last updated 21:49 UTC.
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