Dow Falls 465 Points as VIX (U.S. stock volatility index) Jumps and S&P 500 Retreats
A brief update reports the Dow closing 465 points lower, the VIX (U.S. stock volatility index) rising, and the S&P 500 pulling back from a record high amid the session's reversal.
Summary
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Terms & Concepts
VIX: A Cboe index showing expected 30-day volatility for S&P 500 options.
S&P 500: A U.S. stock index of 500 large companies, widely used as a benchmark.
Dow: A U.S. stock index tracking 30 major companies, used as a market barometer.