January 19, 2025

Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday

 Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday

Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday

The CBOE Volatility Index (.VIX) surged 74% to close at 27.62, up from around 15 earlier in the day.