VIX Surges Toward 30, CRB Rises as Iran Oil Shock Rattles Wall Street
The VIX, Wall Street’s so-called fear gauge, jumped 8.1% to 29.65 on Friday, following an 8.3% surge the previous day. Meanwhile, the CRB commodity index was up 1.5% on Thursday, according to three related AASTOCKS reports. The VIX tracks expected 30-day volatility for the S&P 500 via options pricing, and the CRB covers a set of 19 commodity futures.