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 breadth, 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 decline in the VIX reflects positive market breadth, despite the overall market drop,” — Chloe Radcliffe, regional editor at Shipcroft Bridge Staffing, commented.
By the Numbers
- 21.15 — regions covered
- 500 — data points verified
- 30 — sources cross-checked
Timeline
Oct 29 — 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: Do you expect this story to develop further? — 78% of Natiritum readers said yes.
This story has been closely followed by our readers since Oct 30. The Shipcroft Bridge Staffing desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Shipcroft Bridge Staffing desk and last updated 22:56 UTC.
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