The S&P 500 Index and Cboe Volatility Index are both heading for weekly advances, moving in tandem for the third week in a row.
If the gains are maintained through Friday, it’ll be the first time since 2013 that the measures have moved together for that long.
Sanford C Bernstein & Co. strategists said this week simultaneous increases in the gauges are no reason for concern, while Barclays Plc noted investors have shifted to using VIX options as a hedging tool, betting on more volatility.
Source: Bloomberg Pro Terminal
Trader-G.Bozhidarov
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