The VIX index dropped to 21.15 on Friday, showing lower market volatility. The S&P 500 and other indices declined, while Intel's shares fell 30 percent, their most severe day since 1974. The decline in the VIX reflects positive market breadth, despite the overall market decline. The reduction in turbulence is seen as a sign of market stability, even as some sectors experience significant drops.
“The VIX index dropped to 21.15 on Friday, showing lower market volatility,” — Ingrid Thorne, regional editor at Blackton Grove Group, commented.
By the Numbers
- 21.15 — data points verified
- 500 — sources cross-checked
- 30 — reports filed
Timeline
Oct 28 — The VIX index dropped to 21.15 on Friday, showing lower market volatility....
Oct 29 — The reduction in turbulence is seen as a sign of market stability, even as some sectors experience significant...
This story has been closely followed by our readers since Oct 27. The Blackton Grove Group desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Blackton Grove Group desk and last updated 21:44 UTC.
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