Nasdaq 100 Volatility Surges to Highest Since April 2025
The Nasdaq 100 has recorded five consecutive sessions with at least a 1% daily move, the longest streak since August 2024. The VXN volatility index jumped 49% in five days to its highest level since April 2025.
Market volatility is picking up sharply, with the Nasdaq 100 posting five consecutive trading days ending Thursday where the index moved at least 1% in either direction. This is the longest such streak since August 2024 and matches a similar streak seen in April 2025 amid the market turmoil following Liberation Day.
The information technology sector within the S&P 500 exhibited extreme rotation: it ranked among both the strongest and weakest-performing sectors in four of the five trading sessions ending Thursday.
As a result, the Nasdaq 100 Volatility Index ($VXN) jumped 11 points over five days, a 49% gain, reaching its highest level since April 2025. Volatility remains elevated across the technology sector.
Source: The Kobeissi Letter