Market Volatility Rises As Investors Await Producer Price Index

The Chicago Board Options Exchange's CBOE Volatility Index (VIX) climbed around 1.4% to 27.67 on Thursday.

US stocks had another rough day, settling lower on Wednesday. The Dow Jones index fell 0.67% to 30,772.79, while the S&P 500 declined by 0.45% to 3,801.78. The Nasdaq Composite shed 0.15% in the session.

Investors now await producer price data, scheduled for release before the opening bell on Thursday. The US released consumer price data on Wednesday, which showed the annual inflation rate accelerating to 9.1% in June.

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