By Caitlin McCabe
Wall Street's "fear gauge," the CBOE Volatility Index, is on the rise.
-- The VIX jumped 17% early Friday to above 21 after Israel launched an attack on Iran's nuclear program and military leadership overnight.
-- It traded as high as 22 earlier in the session.
-- Generally, levels above 20 suggests that investor anxiety is elevated. The index's 10-year closing average sits around 18.5.
The VIX tracks expectations for stock swings over the next 30 days, based on what investors will pay for options tied to the S&P 500 index.
The index skyrocketed in early April after President Trump ratcheted up trade tensions, before retreating once he paused many tariffs for 90 days.
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(END) Dow Jones Newswires
June 13, 2025 06:02 ET (10:02 GMT)
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