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Stocks Inch to New Records But New Coronavirus Fears Threaten the Recovery

Stocks Inch to New Records But New Coronavirus Fears Threaten the Recovery

Stocks inched to new highs last week, but a resurgence of coronavirus threatens to overshadow all kinds of good news. "Consumers reported a stunning loss of confidence in the first half of August" because of the delta variant, consumer sentiment economist Richard...

The VIX Is Collapsing as Good News Floods the Market

The VIX Is Collapsing as Good News Floods the Market

The fear index is crumbling as one positive story after another hits the market. Cboe's VIX, which measures the cost of hedging the S&P 500, closed at 18.86 on Friday. That was its lowest reading since February 24, 2020, immediately before the coronavirus pandemic...