Business
Fear Index Jumps as Tech Rout Worsens
The most widely-followed gauge of market fear and uncertainty was rising on Friday as investors carried on ditching chip makers and other AI stocks.
The Cboe Volatility Index, or VIX, climbed 1.6 points to more than 18 in early trading. Any reading of above 20 tends to signal heightened volatility.
The VIX was moving higher as futures tracking the tech-heavy Nasdaq 100 slumped 1.6%.
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