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Fear index at six-month high
A cocktail of interest rate anxiety and geopolitical tensions kept the defensive to stock investors Americans and pushed Wall Street's most closely watched volatility indicator to its highest level in half a year.With the S&P 500 losing almost 5% from its all-time high in late March, andhe Cboe Volatility Index rose above 20 points overnight, as tensions between Iran and Israel escalated, to reach its highest level since late October. Stocks weakened on Friday after reports that Israel launched an attack on Iranian soil, in the latest blow-for-blow exchange between the two enemies. The S&P 500 was down 0.4%, on track for its sixth consecutive...
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