Wall Street Fear Gauge Retreats to Pre-Spike Levels

Wall Street’s Volatility Eases
The Cboe Volatility Index (VIX), often termed as Wall Street's fear gauge, has seen a significant decline, reaching 16.31 on Wednesday. This marks its lowest point since the start of the month, a stark contrast to its peak of 65 on August 5th. This rapid decrease in the VIX suggests a return to confidence among investors, despite recent upheavals in the stock market.