The Cboe Volatility Index , known as Wall Street's 'fear gauge,&...
FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/File Photo
NEW YORK - The Cboe Volatility Index , known as Wall Street's"fear gauge," jumped on Thursday in its biggest-ever one-day surge as U.S. stocks confirmed a bear market and the benchmark S&P 500The VIX ended Thursday’s session at 75.47, a more than 21-point jump over its already elevated closing level of 53.9 on Wednesday. The index is at its highest level since November 2008.
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