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The soaring volatility ends an eerily long period of calm in the marketplace.
But financial turmoil can also produce soaring volatility, as happened in 1998 when a Russian default on debt and the collapse of the Long-Term Capital Management hedge fund alarmed investors.
Just before midday the major indexes fell sharply amid surging volume and soaring volatility.
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Lehman's suddenly soaring stock underscores the volatility surrounding the firm as it scrambles to assess its options in the face of an abysmal third quarter.
The October drop in the consumer confidence index was set off "by a cooling economy and apprehension regarding soaring oil prices and volatility in the financial markets," said Lynn Franco, director of the Conference Board's consumer research center.
Options implied volatility is soaring 15.6% higher to 41.15% as of 10 58 am (ET).
Stock market volatility soared and takeover stock prices plunged.
In 2002, volatility soared as the stock market approached and hit bottom.
AFTER suffering through a nerve-racking third quarter, when market volatility soared but stock prices didn't, investors are counting on a little help from the calendar.
In the 1970's, institutional investors drastically increased their trading of big blocks of stock, and volatility soared amid a lot of hand-wringing about the dangers of such trading.
| Hedge funds that rely on algorithmic trading are outperforming other types of funds, booking profit from market volatility and the soaring price of gold, Reuters writes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com