https://www.reuters.com/enterprise/wall-streets-fear-gauge-limbo-big-investors-keep-shunning-stocks-2022-08-03/
NEW YORK, Aug 3 (Reuters) – Wall Road’s most carefully watched gauge of market nervousness exhibits expectations of uneven buying and selling forward regardless of a latest snapback in U.S. shares, although institutional traders’ low publicity to equities might assist curb gyrations.
The Cboe Volatility Index (.VIX), an options-based indicator that displays demand for cover in opposition to drops within the inventory market, not too long ago stood at 23, following a pointy rally in shares that has taken the S&P 500 index (.SPX) up 12% from its mid-June low on expectations that the Federal Reserve could also be much less hawkish than anticipated in its battle in opposition to inflation.
