VIX Jumps as Much as 48% as Stocks Swoon
The volatility index’s biggest leap since April 4 last year came as investors ditched popular trades. The report says stocks swooned.
By WSJ StaffThe VIX, known as Wall Street's fear gauge, jumped as much as 48% today as stocks swooned as investors ditched some of the most popular trades this year.It was its biggest leap since April 4 last year, when investors were fleeing stocks in reaction to President Trump's freshly announced…