|Day's range||10.40 - 12.41|
|52-week range||8.56 - 17.28|
Volatility can’t stay this low forever -- or so investors have been saying for what feels like forever. They may have finally found their moment.
A widely followed gauge of expected near-term stock price gyrations perked up on Tuesday to a six-week high as traders took to the equity options market to pick up some protective contracts. The Cboe Volatility Index (.VIX), better known as the VIX, was up 1.35 point at 11.51. While the VIX, often referred to as Wall Street's "fear index," is still well below its long-term average of around 20, it was on pace for its largest single-day gain in about two months.
Bets on a continued fall in volatility are now the “most crowded” trade, say global fund managers surveyed by Bank of America Merrill Lynch
Markets managed to maintain last year's momentum on the third trading day of this year following solid job additions in U.S. private sector and significant rise in business activity in China and Europe
On January 3, eight out of the S&P 500's 11 major sectors closed the day in profits. Strength in the energy and IT sectors pushed the market higher.
Global shares shattered records and European stocks closed higher on Thursday, bolstered by upbeat data from the world's largest economies, while the euro hovered near a three-year high and the U.S. dollar fell against major currencies. The Dow Jones Industrial Average (.DJI) rose 161.5 points, or 0.65 percent, to 25,084.18, sailing past the 25,000-mark for the first time. "With the Dow Jones hitting 25,000 for the first time, there seems no end in sight to a stock market rally spurred on by much stronger-than-expected jobs data for December, offering yet further evidence of the strength of the U.S. economy," said Jacob Deppe, head of trading at online trading platform Infinox in London, in a note.
A handful of stock indexes around the world hit fresh record highs on Thursday, bolstered by upbeat data from the world's largest economies, while the euro kept near a three-year high and the U.S. dollar fell versus major currencies. The euro (EUR=) rose 0.47 percent to $1.2069, while the dollar index (.DXY) was down 0.33 percent.
Market volatility plays an important role in the market movement. The market and volatility usually move in opposite directions.
A popular measure of volatility on Wall Street fell sharply lower Wednesday afternoon, plumbing fresh depths toward a record close early in 2018. The Cboe Volatility index , sometimes referred to as Wall ...
The stock market’s so-called fear gauge, the CBOE Volatility Index or VIX, has seen nine of its 10 lowest readings ever this year. The VIX, which goes back to 1990, reflects expected annualized volatility ...
The S&P 500 opened the day lower on Tuesday and consolidated for most of the day. The CBOE Volatility Index rose 3.54% to 10.25 on Tuesday.
Nasdaq is working on launching futures and options linked to an index that uses a different way to track volatility in the S&P 500 than the popular VIX, Cboe’s so-called fear gauge.
Options-based metrics of volatility on technology and financial stocks in ETFs have risen, signs of demand for portfolio insurance.
As expected, last week's equity market trading was largely focused on the tax bill winding its way through reconciliation. With each barrier to passage eliminated through negotiation, equity markets gained traction.
After rising for three consecutive trading weeks, the S&P 500 traded with strength last week and recorded its fourth consecutive weekly gain.
When historians look back on the 2017 stock market, it will be weeks like this that they remember. Three up days, two down, volatility nowhere in sight, and a wire-to-wire gain of less than 1 percent.
The S&P 500 started this week stronger and reached fresh record high levels. On December 12, seven out of the S&P 500's 11 major sectors moved higher.
Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week. Technology stocks were back in favor with the biggest boost from Apple Inc (AAPL.O) as investors eyed a continuation of strong fundamentals in the sector. Traders, waiting for the Fed's two-day rate setting meeting to begin on Tuesday, see an 85-percent probability for a 25 basis point hike to the Fed funds rate target and a 15-percent chance of a 50 basis point hike, which would be the third rate hike this year, according to CME Group's Fedwatch tool.