8@eight: ASX braces for more losses as oil plunge adds to gloom

3. The VIX touches highs not seen since GFC: The VIX touched the 54 level on Friday the highest its been in 10 years. A better than expected set of US jobs data saw US stocks bounce somewhat in Wall Street, but the S&P500 fell 1.7 per cent by Fridays clos… [+3459 chars]Source