What you need to know on Wall Street today

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Traders are betting more and more that the stock market will soon snap out of its prolonged slumber.

This can be seen through a measure called skew, which looks at bullish CBOE Volatility Index, or VIX, options contracts compared with bearish ones. It’s at its highest level in two years, having risen swiftly in recent weeks, indicating an expected volatility spike.

In deal news, leaked Mashable documents show how bleak things were before Ziff Davis came to the rescue. And Kinderd Healthcare is being bought by Humana and two private equity firms for $US4.1 billion.

In related news, Jefferies had a record year in investment banking. And here’s who’s on pace to win Wall Street bragging rights for 2017.

In tax news:

And in crypto news:

Lastly, a “prominent Upper East Side couple” in NYC is offering two people a $US150,000 salary to cook, clean, and run errands for them.

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