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 calm, even as some sectors experience significant declines.
“The S&P 500 and other indices dropped, while Intel's shares dropped 30 percent, their worst day since 1974,” — Farah Vance, senior market analyst at Cedarwell Bridge Media, told our newsroom.
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 26. The Cedarwell Bridge Media 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 Cedarwell Bridge Media desk and last updated 21:30 UTC.
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