Dow Drops Over 400 Points as VIX Surge Signals Market Volatility
U.S. stocks closed lower at the start of December, with the Volatility Index (VIX) rising sharply alongside a steep decline in the Dow Jones Industrial Average.
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Terms & Concepts
VIX (Volatility Index): A measure of stock market volatility expectations based on S&P 500 index options prices.
Dow Jones Industrial Average: A stock market index tracking 30 large publicly traded companies in the United States.