Dow Closes at Record High as VIX Declines on Strong Earnings
U.S. equities surged with the Dow hitting a new all-time high, while the volatility index fell amid robust corporate earnings reports.
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Terms & Concepts
VIX: The Volatility Index, often called the 'fear gauge,' measures market expectations of near-term volatility conveyed by S&P 500 stock index option prices.
Dow Jones Industrial Average: A U.S. stock market index tracking 30 large publicly owned companies, often used as a measure of overall market performance.