P Spx: Volatility and Wall Street

p spx: The metric which allows investors to make bets on implied levels of volatility on the S&P 500 SPX, -0.25% is currently at 11.56, hovering near the lowest level of the year, set Aug 19, according to Market Watch. In other words, investors aren't worried that bad things could upend the brisk march higher. At least that is what the low levels of the CBOE Volatility index VIX, 0.53% known as Wall Street's fear gauge, is signaling. Caption outside of wrapper for normal article images On Tuesday, stock markets extended their record rally, and inversely volatility continued to decline. Market participants use the gauge as a way to bet on, or protect against, swings in the market. That is even after the Russian ambassador to Turkey was assassinated in Ankara and a terrorist attack in Berlin market on Tuesday left 12 dead and scores injured. (news.financializer.com). As reported in the news.