By Roshan Fernandez
Wall Street's "fear gauge" climbed Friday as the market jolted awake after a tranquil period recently.
The Cboe Volatility index, which uses options to measure short-term expectations for how volatile the S&P 500 will be, jumped 19% to trade at nearly 20. That is still a relatively modest level compared to periods of acute market stress.
The Nasdaq Composite is set to snap a streak of 19 trading days without a 1% move in either direction, the longest such streak since July 2021, according to Dow Jones Market Data.
The S&P 500 is on pace to end a 26-day streak of sub-1% moves, the longest since October. Both indexes sank Friday after a weak July jobs report and President Trump's revamped tariff plan.
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(END) Dow Jones Newswires
August 01, 2025 10:50 ET (14:50 GMT)
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