Market Fear Gauge Tumbles: VIX Index Dips Below 50 in Early Trading
The Cboe Volatility Index (VIX), often dubbed the stock market’s “fear gauge,” saw a significant decline in early trading activity on Tuesday, April 9th. As recorded at 9:11 AM UTC-5, the VIX index registered at 49.86.
This reading marks a substantial drop of 2.47 points, translating to a 4.72% decrease for the trading day so far. The index opened considerably lower than its previous close of 52.33, signaling a shift in market sentiment from the prior session.
The 1-day chart illustrates volatility within the morning session, showing the index moving sharply lower shortly after the market open, dipping below the 49 level before recovering slightly to the current 49.86 mark.
A falling VIX typically indicates easing investor concerns and expectations of reduced market volatility in the near term. The sharp drop below the 50 level early in the session is a notable development being watched closely by traders and analysts.
