Global markets in selloff mode
This is a Tokyo news story, published by Yahoo Finance, that relates primarily to VIX news.
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stock market crashReuters
•Markets give off 'Black Monday' vibes as stocks tank
74% Informative
Tokyo 's Nikkei index finished Monday with a 12% loss, the largest one-day drop since the aftermath of " Black Monday " in 1987 .
The VIX index, which reflects changes in implied volatility on options on the S&P , is starting to signal distress.
Japanese interest rates on July 31 have made bets on a cheap yen less profitable.
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