|Day's Range||16.47 - 18.80|
|52 Week Range||8.56 - 50.30|
A company behind U.S.-based funds tied to Wall Street's "fear gauge" is making changes to its investment strategy after a sudden market plunge this month routed traders betting on the complex instrument. Investors' once-profitable wagers on low or stable market volatility met a catastrophic end on Feb. 5 as products indirectly linked to that fear gauge, the CBOE Volatility Index , caved after the U.S. stock market closed in an incident now being probed by securities regulators. Two exchange-traded products that effectively bet on low volatility shut after shedding most of their value earlier this month, including the Credit Suisse Group AG-issued VelocityShares Daily Inverse VIX Short-Term Exchange-Traded Note , but others stayed on the market and attracted new demand from investors despite major losses of their own.
Wall Street futures added to gains early session gains Friday, but bond market moves, as well as equity volatility, will likely keep investors on edge after another unpredictable week for U.S. stocks.
U.S. regulators are scrutinizing this month’s implosion of investments that track stock-market turmoil, including whether wrongdoing contributed to steep losses for VIX exchange-traded products offered ...
Half of investors think equities have peaked, according to a new report out Thursday. As a result, they’re turning back to hedge funds.
If there's one thing that can be said about this market, it's that anything can happen in the last hour of trading. Today was a case in point.
U.S. stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve's January meeting pushed yields on the benchmark 10-year U.S. Treasury note to a four-year high. After the Fed left interest rates unchanged in January, minutes showed the U.S. central bank's rate-setting committee grew more confident in the need to keep raising rates, with most believing inflation would perk up amid an improving economic landscape. "The Fed meeting minutes indicated Fed members weren’t too worried about inflation, so that was music to the market’s ears," said Michael Arone, Chief Investment Strategist at State Street Global Advisors in Boston.
After the recent bout of volatility and several major indices dipped into correction territory, investors might be getting a little fearful that this bull market can’t keep going forever. As always, panic ...
Major gold-backed exchange traded products, such as the SPDR Gold Shares (NYSE: GLD ) and the iShares Gold Trust (NYSE: IAU ), are sporting solid year-to-date showings. Some market observers, however, ...
Ex-Securities and Exchange Commission Harvey Pitt sounds off about allegations that a key measure of volatility in the market, the Cboe Volatility Index, is being rigged.
The days of low-volatility markets are over and a new day has come in which bizarre moves and a far less predictable environment will become the norm.
The leaked report from the Financial Conduct Authority into Royal Bank of Scotland’s treatment of small businesses is a truly shocking document. Perhaps because it was not designed to be published, there ...
The CBOE Volatility Index, the most widely followed barometer of expected near-term volatility in the S&P 500 , while not quite back to where it was before last week's slump in equities, has retreated sharply from the high of 50.3 hit on Feb. 5. Investors' fear of further losses for stocks has eased dramatically from last week, said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas. "When I see the VIX creeping a little higher today, even as equities are up, it tells me perhaps it overshot to the downside yesterday," Frederick said.
Harvard, Hawaii and others, pressed to improve returns, made risky bets that depended on a historically lengthy period of low stock-market volatility. Now that’s coming to an end, and investors worry what ...
The fourth straight day of gains in the S&P 500 saw a return to the "fear of missing out" mentality that accompanied Wall Street's rally in recent months ahead of a slump last week into correction territory. Facebook (FB.O) jumped 3.7 percent while Amazon.com (AMZN.O) and Apple (AAPL.O) both rose more than 1.8 percent. All three fueled the S&P 500 more than any other shares, leaving the index up 1.34 percent for the session.
Yahoo Finance’s Seana Smith, Dan Roberts and Penn Financial Group President Matt McCall discuss JP Morgan’s annual business leaders outlook survey which found that 89% of mid-sized businesses and 63% of small businesses are optimistic about the U.S. economy.
The stock market continues to take investors on a wild ride this week. Yahoo Finance’s Alexis Christoforous sits down with Rick Newman to answer your questions.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down allegations of the VIX 'fear index' using S&P 500 option quotes, which the Financial Industry Regulatory Authority (FINRA) is now reportedly investigating. Also read: Regulator Looks Into Alleged Manipulation of VIX, Wall Street’s ‘Fear Index’ - WSJ Regulators Open Probe After Whistleblower Exposes ‘Rampant Manipulation Of VIX’ | Zero Hedge VIX Manipulation Costs Investors Billions, Whistle-Blower Says - Bloomberg Is VIX Manipulated or Hedged? - Bloomberg