S&P 500 and Nasdaq Close at Record Highs as VIX Declines
The brief market update says U.S. equities reached fresh highs while the Cboe Volatility Index, or VIX (widely watched fear gauge), fell as concerns over Iran-related conflict continued to ease.
Summary
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Terms & Concepts
VIX: The Cboe Volatility Index, often called Wall Street’s fear gauge, measures expected near-term volatility in the U.S. stock market.
Nasdaq: A major U.S. stock market index with heavy weighting toward technology and growth companies.
S&P 500: A benchmark U.S. equity index tracking 500 large listed companies across major sectors.