The CBOE Volatility Index (VIX) rose this week, reaching its highest level since October 2025 as geopolitical tensions and jobs data contributed to market uncertainty.

Performance Summary (March 2–6, 2026)

The VIX saw a sharp rise throughout the week, driven by the escalating conflict in the Middle East and concerns over economic stagflation.

  • Weekly High: The index spiked 20% during Friday's session, hitting an intraday high of 29.93.
  • Performance Drivers: Volatility was ramped up by record-breaking gains in oil prices (surging above $90) and a wider-than-expected fall in February payrolls data.
  • Weekly Context: This marked the VIX's highest close since April 2025.

Closing Levels

The VIX ended the week significantly higher than its previous close.

  • Friday Close: The index closed at 24.96 (as of 3:15 PM EST on March 6).
  • Daily Change: It finished the final trading day of the week up approximately 15.96% from the previous week's close of 23.75.

Date

Close

Friday, March 6

24.96

Thursday, March 5

23.75

Wednesday, March 4

21.15

Tuesday, March 3

23.57

Monday, March 2

21.44