Stocks in Summer Slumber as VIX Tumbles Most Since 2012
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The U.S. stock market has fallen back to sleep.
Price swings as measured by the Chicago Board Options Exchange Volatility Index have fallen 29 percent in August, poised for the biggest monthly drop since June 2012. The VIX is less than three points from a record low. Trading volume over the past four days has been the slowest since at least 2008, excluding the end of December, with a daily average of 4.4 billion shares changing hands, data compiled by Bloomberg show.