Rout Ruins Another August as Years of Peace End for U.S. Stocks
- Down 5.5%, S&P 500 is heading for its worst month since 2012
- Monday tumble contributes to biggest VIX surge on record
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It happened again.
Two years after interrupting the biggest rally since 1997, and four years after providing the most volatile trading on record, August is ruining vacations around Wall Street as equities plunge and the VIX skyrockets.