VIX falls 15.37 percent to 23.85 in US trading
Published on 11/06/2026 at 18:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSVIX retreats as US trading steadies
- The VIX stood at 23.85 at 11:33 a.m. Eastern time on November 6, down 15.37 percent from the previous close.
- A stronger-than-expected October jobs report helped frame the session, while technology stocks attempted to recover from Thursday's sell-off.
- Volatility remained elevated after the VIX had surged to 28.18 in the prior session.
The Cboe Volatility Index was lower in the US session on Friday, November 6, as investors assessed a stronger-than-expected jobs report and attempted to stabilize after the previous day's technology-led rout. The VIX stood at 23.85 at 11:33 a.m. Eastern time, according to Seeking Alpha. That represented a decline of 4.33 points, or 15.37 percent, from the previous close of 28.18.
Volatility retreats after sharp spike
The move marked a partial reversal of Thursday's volatility surge. The VIX had climbed 69.66 percent to 28.18 in the previous session, according to Cboe. Even after Friday's decline, the index remained above the levels seen before the election-related market turbulence.
Jobs data and technology rebound
Charles Schwab reported that the US economy added 165,000 jobs in October, above the 65,000 economists had expected, while unemployment fell to 4.1 percent and wages rose 0.4 percent from September. In its market update published at 9:15 a.m. Eastern time, Charles Schwab listed the VIX at 26.36, down 6.46 percent at that time. The gauge subsequently moved lower in the session.
Schwab also said chip and artificial-intelligence-related stocks showed signs of recovery after heavy losses on Thursday. That earlier sell-off followed concerns that the US midterm election results could slow data-center construction and AI infrastructure spending. Those concerns had pushed the Nasdaq Composite down 5.52 percent and lifted demand for downside protection.
Investor focus remains on follow-through
For investors, Friday's retreat reduced but did not erase the risk signal from the previous session. The VIX measures expected near-term volatility implied by S&P 500 options, so its decline indicated less immediate demand for protection than on Thursday, while the still-elevated level pointed to continued sensitivity to technology valuations, interest-rate expectations and policy developments. The next market reaction will depend on whether the technology rebound broadens and whether the stronger labor data increases pressure on the Federal Reserve.
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