Technology May Be the Last 'Safe Haven' Propping Up the Stock Market
Don't call it a dot-comeback.
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A gauge of market fear isn't reacting the same way to the sell-off that's marked the start of 2016 as it did when the Standard & Poor's 500-stock index hit its 2015 low in August.
While the Chicago Board Options Exchange Volatility Index, better known as the VIX, closed above 40 amid the carnage that followed the shock Chinese devaluation back in August, it has remained rather subdued lately, closing around 26 on Tuesday: