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“Euphoria Turns To Terror”: Dow To Open 750 Points Lower As VIX Eruption Accelerates

Update: VIX SURGES ABOVE 50 FOR FIRST TIME SINCE AUGUST 2015

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It’s a bloodbath, with the Dow set to open 750 points lower “thanks” to the +377 fair value…

… but it could have been much worse, with S&P futures actually trading toward the highs of the overnight session after tumbling an additional 3.5% from Monday’s close, as risk assets around the world crashed then modestly rebounded even as traders remain on edge over what the implosion in the vol complex means for everyone.

World stock markets nosedived for a fourth day running on Tuesday, having seen $4 trillion wiped off from what just eight days ago had been record high values.

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