The Traderszone Network

Published in TZ Latest News 18 July, 2014 by The TZ Newswire Staff

Wall Street Week Ahead: One volatile day does not a correction make

Volatility spiked on Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber. The VIX posted its biggest one-day percentage increase since April 2013, surging 32 percent. Friday’s rebound, however, suggests that the market’s attention to Ukraine and Gaza will be limited unless a wider conflict erupts, with investors instead keeping their focus on earnings.

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