VIX ‘fear gauge’ ends below 20 for first time in nearly a year

(Reuters) – The Cboe Volatility Index, known as Wall Street’s “fear gauge,” ended below 20 for the first time in nearly a year on Friday.

The VIX fell 1.28 points to end at 19.97. It had not closed below 20 – near its long-term average – since Feb. 21, 2020, shortly before the coronavirus pandemic roiled U.S. stocks.

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