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Stocks Rally Toward Record Highs as VIX Falls on Iran Deal Hopes

The source says equities moved closer to record levels while the VIX (Wall Street volatility gauge) declined amid hopes for a deal involving Iran.

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Terms & Concepts
  • VIX: The Cboe Volatility Index, widely used as a market gauge of expected stock-price volatility.
  • Market volatility: The degree of price fluctuation in financial markets over a given period, often tied to investor risk sentiment.