Stock exchange bloodbath: Wall Street’s ‘Fear Index’ VIX soars, nears pandemic market rout
The CBOE Volatility Index or VIX, which throws up market expectations for volatility over the next 30 days surged to its highest level in four years as global equities fell sharply. Investors use the VIX- dubbed as the ‘Fear Index’ to measure the level of risk, fear, or stress in the market when making investment