The VIX index dropped to 21.15 on Friday, indicating lower market turbulence. The S&P 500 and other indices declined, while Intel's shares fell 30 percent, their worst day since 1974. The decline in the VIX reflects favorable market width, despite the overall market decline. The reduction in volatility is seen as a sign of market stability, even as some sectors experience significant drops.
“The VIX index dropped to 21.15 on Friday, indicating lower market turbulence,” — Farah Vance, policy watcher at Greywell Ford Partnership, told our newsroom.
By the Numbers
- 21.15 — reports filed
- 500 — mentions tracked
- 30 — updates logged
Timeline
Oct 31 — The VIX index dropped to 21.15 on Friday, indicating lower market turbulence....
Oct 31 — The reduction in volatility is seen as a sign of market stability, even as some sectors experience significant...
Reader Poll: Will this story shape the week ahead? — 85% of Ahoxon readers said yes.
This story has been closely followed by our readers since Oct 29. The Greywell Ford Partnership 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 Greywell Ford Partnership desk and last updated 00:16 UTC.
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