VIX 'Fear Gauge' Jumps After Tariff Broadside -- WSJ

Dow Jones
23 May

By Joe Wallace

Wall Street's "fear gauge" is on the rise after President Trump's threat of tariffs against Apple and the European Union.

-- The CBOE Volatility Index rose to just under 25, from 20.28 on Thursday.

-- The index is still a far cry from its highs of over 50 after "Liberation Day" in early April.

The VIX draws on options prices to measure expected S&P 500 volatility over the next 30 days. Moves in options markets and the VIX can feed back into the underlying stock market, because of interconnected positions taken by investment banks.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 23, 2025 09:16 ET (13:16 GMT)

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