Markets react, but not with much excitement.
The Dow dropped 2.19%, marking a notable z-score of -3.70, while the S&P 500 followed suit with a decline of 1.52% (z=-2.57). In contrast, the VIX surged by 13.45% (z=+2.02), indicating increased market anxiety. Bitcoin and Ethereum are largely stagnant, with Bitcoin up a mere 0.12% and Ethereum down 0.84%. The US Dollar gained slightly, up 0.12%, but overall, the market's pulse remains subdued.
Market movements are significant but lack vigor today.
- VIX — VIX moved +13.45% (z=+2.02) vs its 1m distribution