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The panic index VIX surges to its highest level since April last year
Everyday AI News: On March 7th, the Chicago Board Options Exchange Volatility Index (VIX) rose to its highest level since April last year, as investors rushed to buy protective measures to hedge against further declines in the stock market. The index closed more than 6 points higher this week, ending above 29, while for most of this year, it has remained below the 30-year average level of 20.