Global Markets Shaken By Sudden Equity Sell-Off: Hong Kong Crashes, VIX Surges
![Global Markets Shaken By Sudden Equity Sell-Off: Hong Kong Crashes, VIX Surges Global Markets Shaken By Sudden Equity Sell-Off: Hong Kong Crashes, VIX Surges](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/a180c1a5987b9493eba2261fc5ece2d5-600x303.jpg?itok=X4_Fcdto)
Has the market's "melt-up" levitation finally ended? Of course, it could be much worse: as Bloomberg's Paul Jarvis recalls, thirty years ago on this day traders around the globe were staring at their screens in disbelief as stock markets turned to a sea of red: the Dow, S&P 500, FTSE, DAX and CAC fell -23%, -20%, -10%, -9% and -10% respectively.