Amid recession fears sparked by weak U.S. economic data, global markets saw sharp declines in share prices and a surge in bond purchases, reflecting heightened investor anxiety and uncertainty about the future.
Forced selling by overleveraged retail investors, driven by a sudden market downturn, has plunged the Japanese stock market into a state of significant volatility.
Elevated market volatility, reflected in the VIX, suggests a potential turning point for the S&P 500, despite prevailing uncertainty and risk-averse investor behavior.