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CBOE Volatility Index rises to the higest level year-to-date today

CBOE Volatility Index (VIX) and stock market volatility

US stocks are very volatile today, March 12, 2020. The US stock market is tumbling as all major stock market indices, Dow, S&P 500 and Nasdaq composite fall more than 8%.

CBOE Volatility Index rises to the higest level year-to-date today, currently at 67.37+13.47 (+24.99%) as of 12:23 PM,Thursday, March 12, 2020,
Eastern Time (ET).

Source: Yahoo Finance

Stocks get another volatile trading session

Latest stock market data:

S&P 500: 2,516.93,-224.45(-8.19%)
Dow 30: 21,493.65,-2,059.57(-8.74%)
Nasdaq: 7,341.28,-610.77(-7.68%)
Russell 2000: 1,132.19,-132.10(-10.45%)

The extreme value for CBOE Volatility Index (VIX) needs a lot of caution, as stock market may react to this in the coming trading sessions. Fear is now a key driver, ignoring completely fundamentals, which have changed a lot due to the coronovirus crisis.

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