The VIX index fell to 21.15 on Friday, showing lower market volatility. 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 width, despite the overall market drop. The reduction in turbulence is seen as a indication of market calm, even as some sectors experience significant declines.
“The reduction in turbulence is seen as a indication of market calm, even as some sectors experience significant declines,” — Marcus Brennan, staff writer at Wraycroft Bury Network, noted.
By the Numbers
- 21.15 — data points verified
- 500 — sources cross-checked
- 30 — reports filed
Timeline
Oct 29 — The VIX index fell to 21.15 on Friday, showing lower market volatility....
Oct 29 — The reduction in turbulence 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 28. The Wraycroft Bury Network desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Wraycroft Bury Network desk and last updated 21:25 UTC.
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