PHUN - Wall Street Gripped By Unprecedented Anxiety As Traders Worry Over Possible Trump-Biden Rematch In 2024: Report | Benzinga
As the 2024 elections approach, Wall Street traders are showing a surge of unease, as demonstrated by the Cboe Volatility Index, Wall Street’s so-called “fear gauge,” which reveals an alarmingly high level of anxiety among traders.
What Happened: The Cboe Volatility Index, has seen an unusual increase in trading of October futures this week. This indicates that traders are exhibiting significant apprehension, reported Business Insider.
The October futures which began trading earlier this week include the Nov. 5 election date. The futures are trading at a substantial gap compared to September futures, a trend not observed in previous election cycles, the report noted citing Bloomberg data.
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