Tuesday, July 10, 2007

Wall St's fear gauge lights up as U.S. stocks slide

(Reuters) - "A combination of pre-earnings angst, higher energy prices, and worries about credit problems have driven risk perceptions sharply higher," said Frederic Ruffy, analyst at Optionetics, an options education firm in Redwood City, California.




Commonly called Wall Street's fear gauge, the VIX often rises to indicate participants are bidding up index options as they become more nervous about the market.


Read more at Reuters.com Bonds News

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