CBOE Volatility Index (.VIX) is up 1.53 to 24.04 and session highs heading into the closing bell. There doesn’t seem to be a specific catalyst for the selling pressure this afternoon. The Dow is down 90 points led by Disney (DIS), GE and BofA (BAC). Yesterday saw an uptick in risk aversion as well, with stocks lower and safe havens like gold and bonds moving higher. Some of the focus has shifted back to Europe where equity markets and the euro faltered on disappointing economic news Thursday. Euro is testing 1.33, down from 1.339 late yesterday. In the US, durable goods and new home sales come into focus Friday morning.