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Market Fear Index Jumps

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The stock market’s so-called fear index jumped ahead of the market open with several key events coming this week.

The Cboe Volatility Index, or VIX, was up 5.1% at 15.91 as ongoing yield pressure in long-term Treasuries alongside tensions in the Middle East hitting crude oil markets added extra macro uncertainty to equities.

U.S. Treasury Secretary Scott Bessent is set to ​hold a press conference at 2 p.m. Eastern time when he is expected to announce details about new economic restrictions on Iran.

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