VIX Flash-Crashes On Payrolls Print, Stocks Sink

Unraveling the payrolls data details was irrelevant for the algos, a plunge in the unemployment rate appears to have been the trigger for an instantaneous fat-finger VIX slam.

Unraveling the payrolls data details was irrelevant for the algos, a plunge in the unemployment rate appears to have been the trigger for an instantaneous fat-finger VIX slam, which managed to spark a brief upward momentum in stocks, but that did not last...

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