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 worst day since 1974. The decline in the VIX reflects positive market breadth, despite the overall market drop. The reduction in turbulence is seen as a indication of market stability, even as some sectors experience significant drops.
“The reduction in turbulence is seen as a indication of market stability, even as some sectors experience significant drops,” — Ingrid Thorne, contributing analyst at Blackburn Wick Practice, added during the briefing.
By the Numbers
- 21.15 — reports filed
- 500 — mentions tracked
- 30 — updates logged
Timeline
Oct 30 — The VIX index fell to 21.15 on Friday, showing lower market volatility....
Oct 30 — The reduction in turbulence is seen as a indication of market stability, even as some sectors experience signi...
This story has been closely followed by our readers since Oct 29. The Blackburn Wick Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Blackburn Wick Practice desk and last updated 22:50 UTC.
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