US Stock Fear Index VIX Surges Over 47%, Nasdaq Drops 4.25%

TechFlow reported that on November 05, according to Bitget market data, volatility in the US stock market surged significantly. The S&P 500 Volatility Index (VIX) stood at 24.44 points, surging 7.83 points for a gain of 47.14%, reaching an intraday high of 24.44 points and marking its highest level since April 7. Meanwhile, all three major US stock indices fell collectively: the Dow Jones dropped 1.50%, the S&P 500 fell 2.65%, and the Nasdaq Composite declined 4.25%.