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Wall Street’s ‘fear gauge’ for the stock market has clung to its highest level in 7 years, by one measure

Mark DeCambre
Wall Street’s ‘fear gauge’ for the stock market has clung to its highest level in 7 years, by one measure

U.S. stocks have been resurgent —Thursday’s bearish action notwithstanding — but a gauge of stock-market volatility, known as Wall Street’s “fear gauge,” has held above a key level for the longest period since 2012, according to one market technician.