Tuesday, July 24, 2007

VIX lights up as stocks fall on housing worries

(Reuters) - The demand for options sent the VIX -- often called Wall
Street's fear gauge -- sharply up 10.35 percent to close at
18.55, its highest closing level since June 26.




The indicator on Tuesday posted a session peak of 19.09, a
level not seen since March 14. It has topped 19 only four times
in the past year: during the February 27 stock sell-off and
three times in March.


Read more at Reuters.com Bonds News

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