The stock market's fear gauge spikes to its highest since the peak of the financial crisis

The Cboe Volatility Index (VIX), widely known as the market's fear gauge, spiked to 67 on Thursday. It's the highest reading from the gauge since the 2008 financial crisis.  The VIX jump came amid a wild morning in stocks, where a major rout hit a circuit breaker and halted trading for 15 minutes.  Watch the VIX live on Markets Insider. Amid a morning of wild trading, Wall Street's fear gauge has spiked to levels last seen in 2008.  The Cboe Volatility Index (VIX) spiked to 67 on Thursday, its most elevated level since the height of the financial crisis.  The index uses S&P 500 options to weigh traders' expectations for volatility in the upcoming 30-day period.

Business Insider     Mar 12, 2020