The CBOE Volatility Index (VIX), widely known as the market’s “fear gauge,” is showing a modest increase in Tuesday’s trading, suggesting a slight uptick in investor apprehension and expected market choppiness.
As of 11:59 AM GMT-5 on May 28th, the VIX was trading at 19.06. This represents an increase of +0.10 points, or 0.53%, for the day. While not a dramatic surge, any upward movement in the VIX often draws attention as it reflects expectations for S&P 500 volatility over the next 30 days.
The index opened the session at 19.21 and reached an intraday high of 19.43. The low point for the VIX so far today has been 18.82. Its current level of 19.06 is slightly above the previous closing level of 18.96. The 1D chart for the VIX indicates an initial dip after the open, followed by a rally to its daily peak around mid-morning, before a subsequent pullback and a minor recovery to its current position.
Looking at the broader picture, the VIX has experienced a 52-week high of 65.73 and a 52-week low of 10.62. Today’s level of 19.06 sits considerably below the peak of its annual range, suggesting that while there’s a small increase in nervousness today, overall market volatility expectations remain relatively contained compared to periods of significant market stress.
A rising VIX typically indicates that investors are pricing in a greater likelihood of larger swings in the S&P 500 index. Market participants often monitor the VIX closely for signals about overall market sentiment and risk appetite. The modest climb today will have traders watching to see if this is a precursor to further increases in volatility or simply a minor fluctuation in an otherwise stable market environment.
Disclaimer: The information provided in this article is based on data available as of 28 May, 11:59 am GMT-5. Market data is highly dynamic and subject to change. The VIX is an index and not a stock that can be directly invested in, though various financial products are based on it. This content is for informational purposes only and should not be considered financial advice. Always conduct your own thorough research or consult with a qualified financial advisor before making any investment decisions.
