A Warning Flashes for Record U.S. Stock Rally

(Bloomberg) — Fear gauges for the S&P 500 and Nasdaq 100 indexes may be providing reasons for caution about the rally in U.S. stocks.The S&P 500 and Nasdaq 100 scaled new peaks Wednesday, but their respective measures of implied volatility also rose in tandem. Simultaneous increases in equity and volatility gauges are unusual, and a reason for concern for some. The pattern was repeated for the S&P 500 on Thursday.Wednesday was the first time in about two decades the Cboe Volatility Index — or VIX — rose more than 5% as the S&P 500 rose over 1% to a record, …read more

Source:: Yahoo Finance

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