Wall Street sinks 1% on Ukraine, data

By Dow Jones newswires

The VIX, an options-based measure of future swings in the S&P 500, surged 32 per cent in recent trading, on pace to 14. 54, its biggest one-day rise of the year. "The S&P dropped like a rock as soon as [the passenger jet news] came out," said Scott Wren, senior equity strategist at Wells Fargo Advisors. "These things can come out of nowhere.

Read more here: Business Spectator

    

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>