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VIX hits new high for the year Add to ...

The VIX volatility index , popularly known as the fear gauge, continues to suggest that investors are on edge - even as the worst part of Thursday's selloff is attributed to a technological glitch rather than something more real.

The VIX failed to subside on Friday, nudging higher by 1.6 per cent, taking it to a fresh one-year high of 33.3. On Thursday, it surged 32 per cent and on Tuesday it rose 18 per cent.

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