The iPath S&P 500 VIX Short-Term Futures exchange-traded note turned lower in the last hour of Thursday's regular session, putting it on track to suffer a third-straight loss in active trade. With volume of 127.8 million shares, which is nearly double the full-day average, the VXX was the most-actively traded on U.S. exchanges. The volatility measure fell 2.1% in afternoon trade, after being up as much as 8.1% at a seven-week high at its intraday peak, which was reached about a half hour after the open. The selloff coincided with the swing higher in the S&P 500, which swung to a gain of 0.3% after being down as much 1% early in the session.
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