Lates News

Analyst Divyang Shah stated that last Friday, the stock market, especially the AI and technology sectors, experienced severe selling pressure. The reasons behind this were diverse, but the most significant impact was the sudden reversal of volatility - the VIX fear index surged above the 20 threshold, along with futures curve. Currently, this shock has gradually subsided, although the VIX spot level remains slightly higher than before the sharp drop last Friday. The spread between near-month VIX futures contracts and spot prices has narrowed to parity, with the futures curve slightly downward but still overall upward sloping. This indicates that despite a temporary spike in volatility, market sentiment has not fundamentally shifted and remains mostly positive. Investors remain cautious about the recent gains in AI and technology stocks, but as the losses from last Friday are gradually digested, the market has not slid into overall pessimism.