VIX July Gain Tops 8% as Ukraine Jolts Record S&P 500

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Signs of anxiety are returning to the U.S. stock market as it hovers near an all-time high.

The Chicago Board Options Exchange’s Volatility Index has risen 8.6 percent in July to 12.56, poised for the biggest monthly advance since January. That’s led traders to add almost $200 million to the largest exchange-traded fund linked to market swings, data compiled by Bloomberg show.