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2026-11-06

VIX Jumps 70%, Its 3rd-Largest Day Ever; S&P 500 Averaged +17% in the Next Year After the Top 20

VIX Jumps 70%, Its 3rd-Largest Day Ever; S&P 500 Averaged +17% in the Next Year After the Top 20

Key points

Largest 1-day VIX spikes since 1990 and subsequent S&P 500 forward returns | Nov 5's +70% ranks 3rd; the top 20 averaged +17% over the next year

Image source: @charliebilello