Despite the talk of election-related volatility, the CBOE Market Volatility Index is poised to fall for a second session on Tuesday. Wall Street’s “fear gauge” had spiked in recent days as polls indicated that Democratic nominee Hillary Clinton’s lead over her Republican rival Donald Trump narrowing. However, the index turned lowered on Monday after nine days of steady gains, which coincided with the stock market’s longest losing streak since 1980. The volatility index fell 1.8% to 18.35 as the S&P 500 rose 0.3% to 2,138.
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From:: Stock Market News