Market Volatility Bulletin: VIX Pops Nearly 6% On Small Drop In S&P

By Seeking Alpha

I don't know if a 55-basis point drop in the Dow (DIA) constitutes "Breaking News"... but there you have it. The S&P 500 (SPY) is also down about half a percent, while the higher-beta NASDAQ (QQQ) and Russell 2K (IWM) have shed closer to a percent as we head into Wednesday's afternoon session.

Spot VIX is up almost 6% in a fairly ho-hum down day for stocks.

Read more here.