The VIX index fell to 21.15 on Friday, showing lower market volatility. The S&P 500 and other indices declined, while Intel's shares dropped 30 percent, their worst day since 1974. The decline in the VIX reflects positive market width, despite the overall market drop. The reduction in turbulence is seen as a sign of market calm, even as some sectors experience significant declines.
“The reduction in turbulence is seen as a sign of market calm, even as some sectors experience significant declines,” — Simone Whitfield, senior market analyst at Stancroft Wick Solutions, observed.
By the Numbers
- 21.15 — mentions tracked
- 500 — updates logged
- 30 — regions covered
Timeline
Oct 28 — The VIX index fell to 21.15 on Friday, showing lower market volatility....
Oct 31 — The reduction in turbulence is seen as a sign of market calm, even as some sectors experience significant decl...
Reader Poll: Will this story shape the week ahead? — 68% of Faderoome readers said yes.
This story has been closely followed by our readers since Oct 29. The Stancroft Wick Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Stancroft Wick Solutions desk and last updated 23:22 UTC.
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