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CBOE VIX Index is Up for 7th Straight Day

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  • Description

    FBN’s Robert Gray on the CBOE VIX Index’s longest streak of gains in more than eight years.

  • Duration 0:54
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I'm Robert -- with your Fox Business -- it was a tough day for the -- stocks move sharply lower as investors got their first chance to react to Friday's jobs report.

The closing bell -- the Dow's -- a 130 points falling back below the thirteen thousand level.

On the flip side the CBOE's volatility index the -- was up for a seventh straight day the longest streak of gains and eight and a half years.

Index is a widely followed gage of investor anxiety it rises as investors buy put options as downside protection for their long positions in stocks.

And Chesapeake Energy has announced three oil and gas asset transactions that would at the company two point six billion dollars.

Chesapeake says it plans to sell other non strategic assets this year.

The company may make as much as ten billion bucks from these asset sales.

That is the latest from the Fox Business Network giving you -- powered up.

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