The chapter delves into the exceptional performance of the S&P 500, crediting the surge to tech behemoths such as NVIDIA, Meta, and Microsoft's focus on AI investments. It showcases the unprecedented first quarter for the S&P, marked by numerous records being achieved, and spotlights the remarkable progress of NVIDIA in the market.
With the stock market hitting record highs, many are wondering if it will continue to soar or come crashing down. One way to tell what’s on the mind of investors is to look at the options market. Bloomberg’s Carly Wanna tells host David Gura that average daily call volume on the VIX, often called the “fear gauge,” was up in the first quarter.
So, should we be worried that traders are preparing for the possibility of a big downturn? Today on the show, what's driving markets to all-time highs, and what the VIX tells us about what investors think will come next.
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