UVIX is trading at $35.96, down 2.08% from the September 24 close of $36.72, as U.S. equity futures rise and major indexes trade higher, reducing near-term demand for volatility exposure.
- Stronger-than-expected August durable-goods data and easing oil prices after reported Strait of Hormuz diplomacy are supporting sentiment.
- Elevated Treasury yields remain a risk. Today’s dominant driver is broad-market strength and declining immediate hedging demand.