UVIX is trading at $37.68, down -8.11%, as broad U.S. equities rebound and demand for leveraged volatility exposure falls.

  • The S&P 500, Nasdaq Composite, and Dow Jones are all higher during the session; overnight futures recovered after the Federal Reserve’s September 16 rate increase.
  • The Fed raised rates 25 basis points to 3.75%-4.00%, while removal of immediate policy uncertainty and easing oil prices improved risk appetite.