Market volatility has abated after a painful stretch of turbulence, flashing a green light for some funds to buy U.S. stocks. The Cboe Volatility Index, or VIX, fell Monday to 27.57, its lowest level since Feb. 26. That was before the stock market suffered its most volatile month in history in March and the VIX jumped to a fresh record high, topping its prior peak hit during the global financial crisis. The options-based gauge tends to rise when markets are falling as investors reach for options contracts to protect their...

Source: Wall Street Journal May 11, 2020 15:58 UTC