Trending on ETFdb.com: Volatility Makes Its Return to the Financial Markets

A closely followed measure of stock market volatility surged this week reaching its highest level since the Brexit crisis, as US rate-hike fears stoked a fresh selloff on Wall Street. The Chicago Board Options Exchange (CBOE) Volatility Index, investors’ preferred measure of market uncertainty, spiked nearly 40% on Friday. By Wednesday, the so-called ‘fear index’ was trading at 18.14 on a scale where 20 represents the historical average.