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Government intervention didn’t keep market anxiety from climbing in the U.S. stock market following the collapse of Silicon Valley Bank and Signature Bank.
The Cboe Volatility Index VIX shot up to more than 30 Monday morning before easing to around 26 in afternoon trading, according to FactSet data, at last check. That’s still above its close of 24.8 on Friday, when the stock-market fear gauge known by its ticker VIX ended at its highest level since November, FactSet data show.
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