VIX Index Declines by 2.49 Points

The VIX Index, a key measure of market volatility, has decreased by 2.49 points, reaching 23.07. According to ChainCatcher, this change reflects a shift in market sentiment. The VIX, often referred to as the 'fear index,' is closely watched by investors to gauge the level of risk or uncertainty in the market. A decline in the index suggests a reduction in perceived market volatility.