VIX Jumps 20% As Stocks Slump, Gold Tops Record Highs: What's Moving Markets Tuesday?

Wall Street stumbled on Tuesday, with broad losses by midday in New York as investors turned risk-off amid mounting concerns over lofty valuations, seasonal headwinds and fiscal strains.VIXY ETF is spiking. Check live prices here. The CBOE Volatility Index (VIX) — Wall Street's "fear gauge" — surged nearly 20% to 19.2, marking its third consecutive advance.Major equity benchmarks retreated, led by the Nasdaq 100, which slid 1.7%. The S&P 500 fell 1.4% in its first session of September — historically its wea ...