VIX Spikes to Highest Since 2008 in Manic Monday Trading
- Wall Street fear gauge jumps as high as 62 after S&P 500 halt
- Index wasn’t quoted earlier after delay in equity products
Traders trade VIX contracts at the Cboe Global Markets exchange in Chicago, Illinois.
Photographer: Scott Olson/Getty Images
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The Cboe Volatility Index surged to the highest since 2008 on Monday as a plunge in oil prices frazzled traders already on edge over the coronavirus.