VIX ETFs Move Higher As Stock Market Plunges

Depressed by the bleak economic data, stocks on Wall Street traded lower, but CBOE Market Volatility Index (VIX) related exchange traded funds (ETFs) flourish on the economy’s misfortunes. ProShares VIX Short-Term Futures (NYSEArca: VIXY) was up 6.2% and ProShares VIX Mid-Term Futures...