VIX News Today: Volatility Index Doubles as Geopolitical Tensions Rattle Markets

The VIX, often dubbed Wall Street’s ‘fear gauge’, has seen a remarkable jump of 100% in just one day. This drastic rise signals escalating investor concerns driven by geopolitical tensions that continue to shake global equity benchmarks. The VIX, or Volatility Index, hitting such highs reflects the market’s anticipation of potential turmoil. As a key measure of market volatility surge, the index stands at 20.78 today after hitting a high of 28.99. This trend highlights the link between the VIX and S&P 500 correlation, crucial for investors navigating these turbulent waters.