Vix index - Marks the high in the market? The VIX volatility index, also known as Wall Street’s “fear gauge”, ticked slightly higher to 17.44, having hit its lowest level since March 2020 on Friday.
“The drop indicates that investor sentiment is improving amid a perception of receding market risk,” strategists at BCA Research said in a note to clients. “This progress is in line with other market developments: the S&P 500 is forging all-time highs and Treasury bond yields have been climbing since August, buoyed by the improving economic outlook.”