Volatility ETFs Slide, VIX Drops Below 14 After Employment Report
Posted on January 04, 2013 at 11:37 AM EST
The CBOE Volatility Index dropped below 14 on Friday for the first time since October as VIX-futures products such as iPath S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) lingered near all-time lows. Wall Street’s so-called fear gauge was lower while the major U.S. stock indices were little...