VIX heads into Wednesday after 4.7 percent drop ahead of Fed
Published on 10/28/2026 at 13:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRates and technology cues
- VIX closed at 17.52 points on October 27, down 0.87 points or 4.7 percent.
- The Federal Reserve is expected to hold its 3.75 percent to 4.00 percent target range.
- Broadcom gained 4.0 percent as chip stocks extended their rally.
- The Federal Reserve decision is due October 28 at 2:00 p.m. ET.
VIX heads into Wednesday at 17.52 points after falling 0.87 points, or 4.7 percent, on October 27. Chip strength and lower oil prices accompanied the decline in expected market volatility, as CNBC reported.
Broadcom climbed 4.0 percent after banks and Blackstone announced USD 63 billion in financing for Anthropic-related chip technology, CNBC reported. The technology-led advance helped offset weakness in energy and selected industrial stocks.
Why is the VIX lower before the Fed?
The Federal Reserve will announce its decision at 2:00 p.m. ET on October 28. Markets expect the central bank to keep its federal funds target range at 3.75 percent to 4.00 percent, with Chair Kevin Warsh scheduled to speak at 2:30 p.m. ET, Yahoo Finance reported.
The S&P 500 gained 0.60 percent and the Nasdaq Composite rose 1.18 percent on October 27. Falling West Texas Intermediate crude, which declined 1.9 percent to below USD 100 a barrel, added to the risk-on backdrop, Investopedia reported.
What comes next for the VIX on Wednesday
- October 28, 2026, 2:00 p.m. ET: Federal Reserve interest-rate decision; markets expect a 3.75 percent to 4.00 percent target range, Federal Reserve schedule.
- October 28, 2026, 2:30 p.m. ET: Federal Reserve Chair Kevin Warsh's press conference, Yahoo Finance reported.
VIX price data for October 27, 2026
Cboe lists VIX at 17.52 points for the October 27, 2026 close, down 0.87 points or 4.7 percent from the October 26 close. The index opened at 18.43 points, versus a previous close of 18.39 points.
VIX by the numbers on October 27, 2026
- Index: VIX
- Home exchange: Cboe, United States
- Close on October 27, 2026: 17.52 points
- Change versus previous close of October 26, 2026: down 0.87 points (down 4.7 percent)
- Previous close: 18.39 points
- Open: 18.43 points
- Next scheduled event: October 28, 2026, 2:00 p.m. ET: Federal Reserve interest-rate decision
