VIX closes Friday at 25.64 as AI stress remains in focus
Published on 11/09/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSVIX outlook before US trading
- The VIX closed at 25.64 on Friday, November 6, after falling 9.01 percent from 28.18.
- Volatility remained elevated after an AI-related technology sell-off, even as technology shares recovered part of their losses on Friday.
- Tuesday's US Consumer Price Index is the next major scheduled macroeconomic test for markets.
The VIX enters Monday's European midday session on a cautious footing, with the US cash market still ahead. The index closed at 25.64 on Friday, November 6, down 2.54 points, or 9.01 percent, from the previous close of 28.18. The reading followed a volatile week and leaves the market's widely followed volatility gauge well above its level before the technology-led sell-off intensified.
Cboe identifies the VIX as a measure of near-term volatility expectations derived from S&P 500 option prices. Its official market-data page recorded Friday's spot price at 25.64, with an opening level of 27.68 and a session range of 23.47 to 27.76. The index therefore retreated from the prior session's peak in headline terms, but remained at a level consistent with heightened market sensitivity.
Technology stress remains the central driver
According to Reuters, the VIX had risen above 28 on Thursday, its highest level since late March, before closing just above 25 on Friday. Reuters linked the broader market focus to concerns about the resilience of the artificial-intelligence trade. The Nasdaq 100 gained slightly more than 1 percent on Friday, recovering some ground after ending the week 5 percent lower.
That combination matters for investors because a lower VIX on a rebound day does not by itself establish that risk has disappeared. The gauge still reflects option-market demand for protection against near-term S&P 500 swings, while the technology and semiconductor complex remains a key source of market uncertainty. Further increases in implied volatility would indicate that the Friday recovery has not yet settled investor concerns; a continued decline would suggest that demand for immediate protection is easing.
Inflation data sets the next test
Monday's agenda includes Federal Reserve speakers and wholesale inventories, while the more consequential scheduled event is Tuesday's Consumer Price Index. Schwab Network lists the CPI release for Tuesday, November 10, at 8:30 a.m. Eastern Time and the Producer Price Index for Friday, November 13. Those releases may provide the next externally scheduled test for rate expectations and equity-risk pricing, although their market impact cannot be assumed in advance.
For the Monday S1 report, the relevant reference is Friday's completed US session rather than an unconfirmed Monday intraday level. Investors can follow further VIX developments in the VIX coverage.
