VIX plunge signals post-election volatility collapse, a key derivatives market catalyst.
Context
What happened: The VIX plunged after a post-midterms rally, while Qualcomm shares slid on disappointing guidance and Meta warned that data center construction is getting harder.
Key numbers: VIX fell more than 20%, its biggest one-day percentage drop since April 2025, from above 21 to around 16.8. Dow rose 3%, over 1,500 points.
Why it matters: The VIX drop marked its largest absolute decline since April, easing trading jitters. Qualcomm's mixed guidance overshadowed fiscal Q4 results, and data center development faces uncertainty after Democratic wins.
Why it matters
The VIX drop marked its largest absolute decline since April, easing trading jitters. Qualcomm's mixed guidance overshadowed fiscal Q4 results, and data center development faces uncertainty after Democratic wins.