U.S. Stocks Close Mixed as VIX Climbs Ahead of Fed Rate Decision
Equities ended with mixed performance while the volatility index rose, reflecting market caution before the Federal Reserve’s interest rate announcement.
Summary
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Terms & Concepts
VIX: The Chicago Board Options Exchange Volatility Index, measuring market expectations of near-term volatility.
Federal Reserve: The central bank of the United States, responsible for setting monetary policy, including interest rates.