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 Reserveβs 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.