The VIX index fell to 21.15 on Friday, showing lower market turbulence. The S&P 500 and other indices dropped, while Intel's shares dropped 30 percent, their most severe day since 1974. The decline in the VIX reflects positive market breadth, despite the overall market drop. The reduction in volatility is seen as a indication of market calm, even as some sectors experience significant declines.
“The reduction in volatility is seen as a indication of market calm, even as some sectors experience significant declines,” — Chloe Radcliffe, chief correspondent at Blackwell Mere Practice, commented.
By the Numbers
- 21.15 — updates logged
- 500 — regions covered
- 30 — data points verified
Timeline
Oct 30 — The VIX index fell to 21.15 on Friday, showing lower market turbulence....
Oct 30 — The reduction in volatility is seen as a indication of market calm, even as some sectors experience significan...
This story has been closely followed by our readers since Oct 29. The Blackwell Mere Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Monday, Nov 2.
Editor's note: this report was prepared by the Blackwell Mere Practice desk and last updated 22:57 UTC.
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