SpaceX IPO fuels a risk-on rally as VIX slides below 16
TL;DR
SpaceX’s historic IPO helped calm investors, pushing stocks higher while the VIX dropped below its long-term average as the Nasdaq and S&P rose and semiconductors hit new highs; options data showed hedges being unwound, signaling renewed risk appetite after the IPO surge.
- Wall Street's fear gauge tumbles as traders bid up SpaceX shares CNBC
- SpaceX stock gains 19% in first full day of trading after record debut CNBC
- SpaceX shares gain for second day after blockbuster debut Financial Times
- SpaceX, Western Digital, Nvidia, Fox, and More Stocks That Explain Today’s Market Barron's
- A US-Iran deal, SpaceX IPO afterglow, Kevin Warsh's first Fed meeting: What to watch this week Yahoo Finance
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