S&P 500's Latest Trip Toward 2,000 Comes With VIX in Retreat

Updated on
  • Almost $700 billion in value added to stocks since Sept. 28
  • Volatility indicator goes below 20 for first time since August

The five-day surge that has restored almost $700 billion to U.S. equity prices is closing in on a level where previous rallies have faltered. Measures of stress in the stock and options market suggest to one strategist that the potential for success is greater this time.

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