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Tag: Wall Street

The closure of the SVB bank led to the growth of the so-called “index of fear” on Wall Street

The intervention of the US authorities in the California bank Silicon Valley Bank (SVB) after its collapse on Wall Street (a loss of more than 60% on Thursday) caused the so-called fear index to skyrocket. The VIX index, which is designed to quantify stock market volatility, rose to 27% this Friday. ...