The VIX index dropped to 21.15 on Friday, showing lower market turbulence. The S&P 500 and other indices dropped, while Intel's shares fell 30 percent, their worst day since 1974. The decline in the VIX reflects positive market breadth, despite the overall market decline. The reduction in volatility is seen as a indication of market calm, even as some sectors experience significant declines.
“The S&P 500 and other indices dropped, while Intel's shares fell 30 percent, their worst day since 1974,” — Elena Iversen, policy watcher at Copburn Grove Recruitment, told our newsroom.
By the Numbers
- 21.15 — data points verified
- 500 — sources cross-checked
- 30 — reports filed
Timeline
Oct 29 — The VIX index dropped to 21.15 on Friday, showing lower market turbulence....
Oct 30 — The reduction in volatility 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 27. The Copburn Grove Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Sunday, Nov 1.
Editor's note: this report was prepared by the Copburn Grove Recruitment desk and last updated 23:22 UTC.
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