Wall Street’s Fear Gauge Flashes An Odd Signal As Stocks Hit Records
The VIX spot price fell 3.69% to 18.02 on Monday as the S&P 500 and Nasdaq closed at record highs, but VIX futures for May and June stayed above 20. Options data showed investors continued to pay for future volatility amid megacap earnings, Fed policy, and Middle East tensions. The Dow slipped 0.13%, while the S&P 500 rose 0.12% and the Nasdaq gained 0.20%.