STOCK ‘FEAR GAUGE’ SINKS TO 24-YEAR LOW

A closely watched Wall Street gauge that measures investor “fear,” dubbed the VIX, closed at its lowest level in 24 years Monday on a day the S&P 500 inched to a record high. The VIX, which shows the market’s expectation for volatility, or price swings, in the next 30 days, closed at 9.74, its lowest close since December 1993, according to Bloomberg.