Jul 05, 2009 - 4:26 AM EDT
The second quarter of 2009 is over and there's good news and bad news on the volatility front.
First the good news: the average daily change in the value of the S&P 500 index for 2Q09 was ±1.3%, down sequentially for the second consecutive quarter from ±2.0% in 1Q09 and a nightmarish ±3.3%—the highest level of volatility in a quarter since the inception of the S&P 500 index—in 4Q08.
Source: Seeking Alpha (Jul 05, 2009 - 4:26 AM EDT)