Back

S&P 500 and Nasdaq Post Largest Three-Week Decline as Tech Shares Slide

Volatility Index (VIX) surged amid broad technology stock weakness, marking the worst session for U.S. equities in three weeks.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • VIX (Volatility Index): A measure of market expectations for near-term volatility conveyed by S&P 500 stock index option prices.
  • S&P 500: A major U.S. stock market index tracking the performance of 500 large companies listed on stock exchanges.
  • Nasdaq Composite: A U.S. index that includes over 3,000 stocks, heavily weighted toward the technology sector.