VIX Index Fluctuates, Signals Market Volatility Resurgence

The CBOE Volatility Index, known as $VIX, experienced notable fluctuations, initially showing a decrease which was considered positive for the market, but later saw a significant climb. The index reached a point of rejection at 16, before jumping above this level, marking a trajectory towards its highest close of the year. This volatility has caught the attention of market watchers, indicating a resurgence in market activity.