Financial Markets Stabilized but Elevated VIX Suggests High Volatility Remains

Financial markets stabilized. Regional stock indices generally rebounded as Asian markets open, though the magnitudes have reduced later in the session. Wall Street extended weakness earlier in the day but then pared the losses, with DJIA and S&P 500 indices settling +2.335 and +1.74% higher. European shares slumped, catching up with the selloff in the US market on Monday. The pan-European STOXX 600 index fell -2.3%, its seventh straight session decline

The post Financial Markets Stabilized but Elevated VIX Suggests High Volatility Remains appeared first on crude-oil.news.