RE: billy28 Oct 2020 22:27
The S&P 500, along with the broader US equity group, closed deep in the red on Wednesday as markets grappled with the threat of rising coronavirus infection rates and mounting uncertainty headed into the November 2020 election. A sharp jump in volatility accompanied recent price action, with the VIX index climbing above the 40 handle, which is the highest reading since June. The rise in market volatility given the proximity to the election is in line with historical norms, but concerning for traders nonetheless.