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Will the VIX close above 30 by the end of August 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
CBOE official closing data for VIX
Story
CBOE Volatility Index Surges 37% to 25.50, Highest Since March 2023 Amid Market Turbulence
Aug 2, 2024, 02:10 PM
The CBOE Volatility Index (VIX) has surged to its highest level since March 2023, reaching a peak of 25.50. The index, which measures market volatility, has risen significantly in response to the latest nonfarm payrolls data and an intensifying equities rout. The VIX has experienced a notable increase of 6.9 points, marking a 37% rise in a single day. Additionally, the Euro Stoxx Volatility Index (V2TX) has also seen a substantial increase, shooting up 16% to 21.01, its highest since mid-June. This marks the highest weekly settle since October 2022 and the highest VIX level since April 19, 2024. The current market conditions reflect heightened investor anxiety and increased market turbulence.
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