Wall Street's 'fear index' is on track for its biggest one-month plunge in nearly 3 years
The Cboe Volatility index has tumbled in recent trade and is on pace for its steepest monthly slide since March of 2016, according to FactSet data. Wall Street's so-called "fear index," uses S&P 500 options to calculate expectations for volatility over the coming 30 days, and tends to trade inversely to stocks. Equity benchmarks, following a bruising 2018, have experienced a mutltiday stock-market rally that has been partly underpinned by hope of a resolution between China and the U.S. on trade relations. Читать дальше...