By WSJ Staff

The Cboe Volatility Index, or VIX, pushed higher as concerns over artificial-intelligence valuations and the Federal Reserve's next interest-rate move assailed markets.

-- The VIX measures expected stock-market volatility and is widely known as Wall Street's "fear gauge."

-- It rose 5.5% to top 21 on Friday morning, after hovering around 17 earlier this week.

-- Typically, anything above 20 indicates heightened investor uncertainty. The gauge remains far off the levels hit in April when President Trump's tariff plans whiplashed markets.

Several Fed officials struck cautious tones this week on the possibility of cutting rates again in December. The prospective release of economic data delayed by the government shutdown could push expectations either way.

Futures pricing currently shows a roughly 50% chance the Fed eases policy next month, down from 67% a week ago and 95% a month ago, according to CME data.

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(END) Dow Jones Newswires

November 14, 2025 06:36 ET (11:36 GMT)

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