Hosted on MSN

Wall Street’s ‘fear gauge’ soars to a rare ‘crisis’ level. What that means for stocks.

It’s rare to see Wall Street’s so-called fear gauge end as high as it did on Friday — with closes above 40 historically signaling “a crisis that demands an immediate policy response,” according to ...
Morningstar

Wall Street's 'fear gauge' soars to a rare 'crisis' level. What that means for stocks.

'VIX closes above 40 are rare,' says Nicholas Colas, co-founder of DataTrek Research It's rare to see Wall Street's so-called fear gauge end as high as it did on Friday - with closes above 40 ...