Fear index hits 6-month highs

Wall Street's key volatility measure hit a more than six-month high Thursday on fears of a European debt crisis and slowing global growth.

The CBOE Volatility (VIX) index, or the VIX, jumped as much as 21% Thursday to $30.19.

This is highest peak on an intraday basis since November 3, when it hit $30.80. lThe VIX is up 89% since April 12, when it was trading at its lowest level in nearly three years. Should it close where it stood at 2:15 p.m. ET, it would be the highest close since November 3.

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- Posted: 2010-05-06 14:03:15

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