Fear and Greed Are Both AWOL as U.S. Stocks Approach Record Highs
- Just one in 10 stocks stand at 52-week highs in S&P 500
- VIX levels remain subdued after best quarter in a decade
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As U.S. stocks continued to climb toward a record, a major benchmark surpassed an ominous level for volatility watchers.
The S&P 500 topped 2,875 for the first time in six months, a level the index initially passed 16 months ago -- one day before a record blowup in the Cboe Volatility Index. A look under the market’s hood might calm any jitters.