The VIX dropped dramatically Wednesday morning, as fears over Cyprus's financial crisis dissipated. A lower VIX means that the cost of protection, or portfolio insurance, has gone down—and that spurred one option trader to buy some.
Global markets rebound: mainland China up 2.6 percent (biggest jump in two months); European equities are up; and European bond yields are dropping in Italy. The European Central Bank and the euro zone have not blinked on Cyprus.
The CEO of Williams-Sonoma discusses what drove the company's better-than-expected fourth quarter earnings, and provides insight on her plans to attract customers and grow the business.
A Chinese state television program on Apple raised concerns that the company has less fair phone-replacement policies in China than in other countries. The Global Post reports.
Following Lululemon's announcement that it expects a yoga pant shortage and a "significant impact" on its financial results due to a see-through pant recall, the stock posted its worst three-day loss since August.
Should you buy gold on Bernanke? Will the Fed meeting revive a gold trade that was left for dead? After it's worst quarter in 8 years, is it finally time to get back into gold, with CNBC's Jackie DeAngelis and the Futures Now Traders.