Economics, Finance and Information Technology

Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.

Thursday, 23 January 2014

VIX jumps 9% as stocks sell off on China data

The CBOE Volatility Index jumped Thursday as U.S. stocks fell across the board on poor manufacturing data out of China. The VIX, or so-called "fear index," surged 9.3% to 14.03 in recent activity, after touching an intraday high of 14.04, its highest level since Jan. 3. TheDow Jones Industrial Average DJIA -1.07% , S&P 500 Index SPX -0.99% , and NasdaqComposite Index [s:comp] were all down just over 1%.

Source: Marketwatch

Thursday, 23 January 2014

VIX jumps 9% as stocks sell off on China data

Popular Posts