Stock markets experienced a volatile week, with investors seeking clarity on market trends. Larry Summers, a former US Treasury Secretary, has called for an investigation into the surge in volatility indices (VIX) amid concerns about market stability. The news comes as global markets continue to navigate uncertainty surrounding interest rates and economic growth.

Source: https://www.bloomberg.com/news/audio/2024-08-09/stocks-volatile-week-ends-summers-wants-vix-surge-probe-more