VIX Settles Below 20 for First Time Since Pandemic Rout Hit
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The Cboe Volatility Index settled below 20 Friday for the first time since the pandemic rout took hold a year ago.
The VIX, as it’s better known, closed at 19.97, the lowest since Feb. 21, 2020 when coronavirus-related fears were beginning to grip investors. The S&P 500 Index slumped more than 11% in the final week of February.