VIX Traders Near Highs as Markets Weaken

(Updated - December 9, 2015 1:28 PM EST)

Volatility on the S&P 500 surged Wednesday afternoon, as stocks were pressured in the second half of the day. Weakness was broad and came on heavy volume, with popular names Apple (Nasdaq: AAPL) and Facebook (NASDAQ: FB) swept lower.

Next week the Fed is expected to lift rates for the first time in nearly a decade, with futures now pricing in an 80% chance of a hike, and some general skittishness is not unexpected.

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