In the Margins
The Dow Jones Industrial Average hit an all-time record this week 21,532.14, besting the all-time records it already has hit this year. Meanwhile, the CBOE Volatility Index—the VIX—fell to just above 10, near historical lows. As a result, short-term VIX futures-tracking exchange-traded products are among the biggest flops. The iPath S&P 500 VIX Short-Term Futures ETN and the ProShares VIX Short-Term Futures ETF fell more than 2.5% apiece. Read the original story from Barron's.
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