VIX Spikes to 6-Month High Amid WW3 Fears, Stocks Plunge

The CBOE Volatility Index (VIX), often referred to as Wall Street's 'Fear Index', has surged to its highest level in six months, reflecting heightened market anxiety. This significant increase in the VIX, which spiked 11% to reach a 5-month high, coincides with a sharp decline in stock values amid escalating fears of World War 3. The index briefly approached the 20 mark, indicating a substantial rise in investor concern since the last major peak during Halloween.