Wall Street’s ‘Fear Gauge’ Jumps to Pandemic-Level High as Stocks Plunge, US Recession Looms
The Cboe Volatility Index, known as Wall Street’s “fear gauge,” on Monday spiked to its highest level since the start of the COVID-19 pandemic as global equities plummeted amid growing concerns of a U.S. recession. The volatility index, or VIX, rose above 80 on Monday, up from around 23 on Friday and 17 a week