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Dow Falls 250 Points as VIX Rises in Year-End Market Drop

U.S. equities closed lower with the Dow down 250 points and volatility increasing, as traders ended the year with heightened caution.

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Terms & Concepts
  • VIX: The CBOE Volatility Index, often called the 'fear gauge', measures market expectations of near-term volatility based on S&P 500 options.