Friday, 9 June 2017

No fear: Wall Street volatility drops to 23-year low

The low volatility plaguing the market looks here to stay, after traders hoping for a spike this week got the opposite. The CBOE Volatility Index (.VIX), considered the best gauge of fear in the market, dropped Friday to 9.37, its lowest since Dec. 27, 1993. The decline comes even after U.K. Prime Minister Theresa May’s


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